Article 2012-17 Pub Safety Svcs Spec Revenue Revolving Fund

Article 2012-17 Pub Safety Svcs Spec Revenue Revolving Fund

Postby curt - Moderator » Thu Feb 09, 2012 11:44 pm

Article 2012-17 Public Safety Services Special Revenue Revolving Fund
To see if the Town will vote to establish a Public Safety Services Revenue Revolving Fund and deposit any
monies received for permit fees from the Building Inspector, Plumbing Inspector, Electrical Inspector, and Health Inspector
into this fund as per RSA 31:95h and to appoint the Board of Selectmen as agents to withdraw funds as necessary to pay
Inspector fees for permits that have been closed and transfer Town fees into the General Fund at a minimum of once per
year.

Discussion: Building, Plumbing, and Electrical Inspectors are paid 75% of the revenue received from the permitting process.
25% is earmarked for the Town. The 75% amount paid to the respective inspector is currently a budget line item. It is a
crystal ball process to properly forecast these expenses, but the Town will always come out ahead with 25% of the cost of the
permit. The CCRC ($100 million) project off Route 111 will have a projected building permit in the neighborhood of $25k -
$50K and will be a multi-year inspection process. This Revolving Fund will allow monies received from permits to be
automatically deposited into this account and expenses will be withdrawn at a time when required. When an Inspector has
completed the final inspection of a project the 25% remaining cost of the permit fee will be withdrawn from this Revolving
Fund and deposited into the General Fund. This is a NO TAX IMPACT Warrant Article.
curt - Moderator
 
Posts: 192
Joined: Fri Sep 21, 2007 10:56 pm

Return to 2012 Town Warrant Articles

Who is online

Users browsing this forum: No registered users and 1 guest

cron