Here’s a link to the Article as it will appear on the Ballot:
What it means: $10,000 will be put into the Land Fund for allowed purposes. This is a fund that seeks a modest annual contribution, so that if the town has a future opportunity, the money does not have to be raised all at once.
Those in favor say: This is a prudent way to reserve funds for open spaces and associated expenses.
Those against say: No one spoke against this Article at the Deliberative Session.
Fiscal Impact: The average Hampton home valued at $329,000 would bear an increased tax cost of $1.18 if this Article passes.