- George Sansoucy , in the first year of his five year contract as the Town's utility appraiser, presented his values for the various public utilities in town. His numbers are considerably higher than those previously provided by NH DRA. The methodology he uses is very complex ( we received a 74 page packet ) and is not the same as used by the NH DRA. Many towns have been using independent utility appraisers as the values NH DRA provides are significantly lower. Per Mr. Sansoucy:
- Eversource went from $353,300 to $1,589,200
- NH Elec. Coop went from $9,361,300 to $27,755,300
- Lakes Region Water went from $1,193,389 to $1,672189
- Fairpoint went from $1,204,820 to $5,087,000
- TWC went from $314,300 to $1,705,800
- TDS Merrimack Co., Tel., went from $0 to $283,400
I asked about the cost of the increase being passed on to consumers and the response was that it should not, as the rates are not set town by town, and huge companies such as TWC can easily absorb it. I am not sure that will be the case with tiny Lakes Region Water Supply or the member owned NH Elec. Co-op. The Co-op is only about 75K members. If property taxes increase along the same lines as Moultonboro around the state, it may have an impact on our electric bill. Time will tell as many court cases have yet to be decided, but for this year, we can expect a bump in revenue that will reduce the tax rate when set by NH DRA this fall.
- A proposal to expend $43,500 from the Communication Technology Fund was approved. This money will be used to pay Fairpoint to offer up to 15 mbs internet speed in the Brick Kiln and surrounding neighborhoods ( 60+ homes) and increase from 1.5 mbs to at least 7 mbs for Indian Carry Road, Heron Pond Trail, Tommy Lot Road and some of Red Hill Road. This is the first time money has been expended from that trust fund which was created in 2008 and is funded by those in town that have TWC in the form of a franchise fee. Thanks were offered to Bill Gassman for his continued work on this ongoing effort.
- Our new Town Administrator, Walter Johnson, attended his first meeting as our new TA and was welcomed with an informal reception prior to the meeting and a beautiful cake prepared by Heath's Supermarket.