Shall the Town of Hampton vote to establish a Pedestrian and Traffic Safety Capital Reserve Fund under the provisions of RSA 35:1 for pedestrian and traffic safety purposes and to raise and appropriate the sum of $40,000 to be placed in this fund, with said sum of $40,000 to come from the Unassigned Fund Balance. Further, to name the Board of Selectmen as Agents to expend from said fund? (Majority vote required)
What it means: A fund will be established that will allow the Department of Public Works and the Board of Selectmen to address issues as they arise related to pedestrian and traffic safety. The money will come from previously collected taxes, so there will be no new tax impact. Theoretically, it will need to be replenished as the funds are depleted, so it may appear on future ballots for that purpose.
Those in favor say: This is a good use of excess funds. Pedestrian and traffic safety are highly demanded throughout the town. This fund will allow traffic calming devices, pedestrian safety measures and sidewalk safety to be put in place as needed.
Those against say: No one spoke against this article at the Deliberative Session.Fiscal impact: There would be no new tax impact, because the funds would be taken from the Unassigned Fund Balance.