To see if the Town will approve the Board of Selectmen entering into a three and a half (3 and ½) year contracts from July 1, 2020 through December 31, 2023 with separate entities that have submitted bids for the collection, transport and disposal of solid waste, recyclables, and construction and demolition waste, from the Town of Hampton with an annual increase in accordance with the Consumer Price Index-Northeast, Urban (CPI-U), and to raise and appropriate the sum of $425,127 to cover the increases in contract costs for these services for the second half of 2020 over the 2020 budget amount of $615,659 that is included in both the operating budget and default budget figures in the operating budget Warrant Article 15; said sum of $425,127 to come from the Unassigned Fund Balance in 2020 with subsequent years’ increases to come from the operating budgets in those years. Based on the bid prices and the increase in contract costs in accordance with theCPI-U, the estimated cost increase over the total fiscal year 2020 is $248,097. The contracts willentail the Town using the entities contracted with for the entire 3 and ½-year period? (MajorityVote required)
Estimated Increases (over previous year’s level)
2020 (6 months) $ 425,127
2021 (12 months) $ 198,054
2022 (12 months) $ 24,777
2023 (12 months) $ 25,267
What it means: The current contracts for the collection, transport, and disposal of solid waste, recyclables, and construction and demolition waste expires in 6/2020. This Article would give the Board of Selectmen approval to enter into various 3 ½ year contracts with separate entities for the period 7/1/2020 through 12/31/2023 at the increased amounts as shown in the Article. The first 6 month period 7/1/2020-12/31/2020 increase of $425,127 would be paid through the Unassigned Fund balance. Increases for years 2021, 2022 & 2023 are based on the CPI-U and would be included in the Town’s Operating Budgets for each year.
Those in favor say: Cost of waste removal and disposal are increasing and there really is no choice.
Those against say: No one spoke against the Article at the Deliberative Session.
Fiscal Impact: There is no tax impact in 2020 since it would be drawn from the Unassigned Fund balance. The remaining 3 years would be included in the Operating Budgets.