To see if the Town will vote to establish an expendable trust fund per RSA 31:19-a for the repair and/or replacement of the Colby Library's Leach Field and to name the Library Trustees as agents to expend from this fund; and further to raise and appropriate Two Thousand Five Hundred Dollars ($2,500.00) to go into this fund.
Recommended by the Board of Selectmen (4-0)
Recommended by the Budget Committee (5-0)
Discussion: This article is asking for the creation of a Trust fund and monies to be added to said Trust Fund for the replacement of the Library Leach Field. The existing Leach Field was put into place in 2004 and has a life expectancy of 10-15 years.
Article 2012-14 Modify the Elderly Exemption
"Shall we modify the elderly exemption from property tax in the Town of Danville, based on assessed value, for qualified taxpayers, to be the following: for a person 65 years of age up to 74 years, Sixty-five Thousand One Hundred Sixty-Five Dollars ($65,165); for a person 75 years of age up to 79 years, Ninety-Three Thousand Three Hundred Four Dollars ($93,304); for a person 80 years of age or older, One Hundred Fourteen Thousand Seven Hundred Seventy Nine ($114,779). To qualify, the person must have been a New Hampshire resident for at least three consecutive years, the person may own the real estate individually or jointly, or if the real estate is owned by such person's spouse, they must have been married for at least five years and the property must be the primary residence. In addition, the taxpayer must have a net income of not more than Thirty-Two Thousand Dollars ($32,000) or, if married, a combined net income of less than Forty Thousand Dollars ($40,000); and own net assets not in excess of Seventy Thousands Dollars ($70,000) excluding the value of the person's residence." This article shall take effect for the 2012 property tax year. (Majority vote required).