Here’s a link to the Article as it will appear on the Ballot:
What it means: If Article 15 passes, funds will be set aside via 2015 taxation for a purchase that will take place prior to March 2017. As amended at Deliberative Session, both the purchase of the new equipment and the disposition of the 1988 pumper will take place via a competitive bidding process.
Those in favor say: The current pumper is 27 years old, and needs to be replaced.
Those against say: No one spoke against Article 15 at Deliberative Session. However, some people did suggest that a capital reserve fund should be set up to cover future expenditures of this nature so that the financial impact is not all in one year.
Fiscal Impact: The average Hampton home valued at $329,000 would bear an increased tax cost of $72.73 if this Article passes