What it means: The School Board proposes to raise and appropriate $400,000 to fund the planned HVAC upgrades project per the HVAC replacement plan and five-year capital improvement plan (CIP).
Those in favor say: The proposed HVAC upgrades project reflects the scheduled upgrades per the plan. The project is part of the ongoing HVAC replacement cycle that includes ongoing HVAC replacement, upgrades, controls integration, and duct cleaning.
The HVAC replacement cycle helps minimize large one -time expenditures for multiple system replacements and levels the spending over multiple years.
Those opposed say: No one spoke against this Article at Deliberative Session.
Fiscal Impact: A Hampton home valued at $400,000 would bear an increased tax cost of $ 18.99 in 2024 if SAU 21 Article 3 passes. Take your property valuation divide by 1000 and multiply by .047 to get your cost.
Note: These costs for taxpayers are calculated at 47.1% of the appropriations, which is Hampton’s share.