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You are here: Home / 2020 Archive / Article 38: Firefighters Protective Equipment Capital Reserve Fund ($27,500 – UFB)

Article 38: Firefighters Protective Equipment Capital Reserve Fund ($27,500 – UFB)

Shall the Town vote to raise and appropriate the sum of $27,500 to be added to the Firefighters Turn Out Gear/Personal Protective Equipment Capital Reserve Fund created under Article 17 of the 2019 Annual Town Meeting in accordance with the provisions of RSA 35. Said sum of $27,500 to come from the Unassigned Fund Balance. (Majority vote required)

What it means: In 2019, voters approved a $200,000 funding of a new Capital Reserve Fund for the replacement of Firefighter’s Protective Gear.  This fund needs to be added to each year so that as gear expires and funds are depleted, additional funds will be available for future needs.  It is a way to prevent taxpayers from being presented with a large bill all in one year.  This Article would transfer the funds from the Unassigned Fund Balance to the Capital Reserve Fund.

 Those in favor say: This is a standard, annual procedure to keep our firefighters safe.

Those against say: No one spoke against this article at the Deliberative Session.

Fiscal impact: There is no tax impact because the money was appropriated in prior tax years.  This Article is allowing the withdrawal of the money from the Unassigned Fund Balance to be transferred to the previously-established Reserve Fund.

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