Raymond Voter Information Project

Article 7

Town Operating Budget

Text of 2011 Town Warrant Article 7

The town is proposing a $7,008,870 operating budget, which does not include appropriations for other special warrant articles voted on separately. If this budget fails, the default budget of $7,030,242 would be adopted which is the same as last year with certain adjustments required by previous actions of the Town of Raymond or by law. The proposed budget reflects a tax cost of $3.85 per thousand of tax valuation. The default budget reflects a tax cost of $3.874 per thousand of tax valuation.¹

A YES vote raises $7,008,870 to fund the 2011 town operating budget.

A NO vote raises $7,030,242 (the default budget) to fund the 2011 town operating budget.

Reasons why some voters might vote yes:

• The proposed budget will cost taxpayers $.024 per thousand of tax valuation less than the default budget.

Reasons why some voters might vote no:

• The default budget will give the town an additional $21,372 to maintain funds.
• The budget proposed by department heads was cut $152,120 by the Board of Selectman prior to reaching the Budget Committee. The Budget Committee cut an additional $139,380 for a total cut of $291,500 less than the Town department heads recommended.
• The Board of Selectmen does not recommend the proposed operating budget.

References:

1. More detailed information regarding the default budget and the proposed operating budget can be found at: www.raymondnh.gov or at the Financial office at town hall.

Please send questions/comments to editor@raymondvip.org

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