What it means: A total main school building and gymnasium roof replacement is scheduled for 2024-2026 at an estimated cost of $3,500,000 including all translucent panels and skylights. This will be phased into a multi-year project (3 years) starting in the summer of 2024.
Those in favor say: In order to minimize tax payer impact, funding will be over two years with the bulk of the funding raised in 2025-26 to coincide with expiration of the building bond, which will offset the cost.
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 $ 46.29 in 2024 if SAU 21 Article 4 passes. Take your property valuation divided by 1000 and multiplied by .116 to get your cost.
Note: These costs for taxpayers are calculated at 47.1% of the appropriations, which is Hampton’s share.