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Article 15
Water Department Items
Click HERE for direct link to the text of Town Warrant Article (revised at Town Deliberative Session Feb. 6, 2010).

A Capital Reserve Fund (CRF) is a savings account for the purchase of future items by town departments. This article raises and appropriates $25,000 to be deposited in the water department's previously established CRFs. There is no tax impact since this is paid for by town water users only. (1)

A YES VOTE will put $25,000 for the listed items in already established CRFs
A NO VOTE will not add funds to the CRF for this year.

Pro:

  • Money will be available for proper maintenance of wells and to purchase land and trucks if needed.

Cons:

  • None determined at this time.

References:
1. Raymond Finance Department


 

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