1. Proposed Lisbon FY 2016 Town Budget Public Hearing – 7:00 PM Monday, February 8 th, 2016 Lisbon School

2. The Budget Process Thus Far…. Selectmen provided Budget guidance at Sept. Selectmen’s Meeting for $0 increase Year-to-Year. Budget Requests from Departments Received Sept. 18 th, 2015. Budget Requests reviewed with Dept. Heads and Revised. Town Administrator's Proposed Budget submitted to Selectmen Oct. 7 th, 2015. Budget Presented and Dept. Heads avail. for questions/comments. Selectmen Referral of Proposed Budget to Advisory Budget Committee (ABC). ABC returned Recommendation to Selectmen for Level Town Tax Rate Year-to- Year. Selectmen reviewed recommendation of ABC and provided Town Admin. with new guidance for further reductions to Budget. Town Admin. recommendations of additional reductions in expenditures/increases in revenue to Dept. Heads. Dept. Heads comment on restoring cuts to specified line items, if desired. Final proposed Budget presented to Selectmen Feb. 2016. Public Hearing for Town Budget February 8 th, 2016.

3. Summary Overall reduction in Town Operations Budget of approx. 10.6% (-$221,728) Water Dept. Budget Up by +.88% (+$2,049.54) Overall Water/Wastewater Budget Down by -1.1% (-$5,481.33) Capital Budget includes $33,000 for Capital Reserve Funding Overall Town Budget down approx. -8.34% (-$229,794.33) Water and Wastewater budgets approx. level funded, including additional $78,000 for Well Repairs Decrease in Charitable requests by approx. ½, no new requestors funded Addition of Town Administrator Position (FT/PT) Addition of 1 PT position at DPW Eliminating one PT position in Transfer Station Eliminating the Finance Administrator PT Position

4. Summary (Con’t) Addition of Feasibility Study for Ross Funeral Home Site Town Master Plan to be completed in-house (no cost) Capital Improvement Plan to be completed in-house (no cost) $11,500.00 for Economic Development Grant Matching Funds $10,000 for AFG Grant Matching Funds 3% Cost of Living Adjustment/Merit Increase available for permanent Town Employees New Life Squad Ambulance in separate Warrant Article for Town Meeting, 5-year lease using existing Cap. Res. Account for majority of 1 st year lease payment. Utilization of $124,500 of Fund Balance (“Surplus”) to buy down Tax Rate. Town portion of Tax Rate remains at $10.72, Same as 2015

5. Municipal Budget Summary By Departments Executive:$ 124,487.00 (+115.37%) Town Clerk:$ 72,736.00 ( +13.03%) Financial Admin:$ 59,823.00 ( -36.25%) Revaluation of Property:$ 29,315.00 (+109.39%) Legal Expense:$ 8,500.00 ( -52.11%)

6. Municipal Budget Summary By Departments (Con’t.) Personnel Admin.:$ 4,300.00 ( -29.85%) Planning and Zoning:$ 2,340.00 ( -23.38%) Cemeteries:$ 13,500.00 ( -6.90%) Insurance:$ 53,500.00 (-18.94%) Advertising and Regional Assoc.:$ 2,582.00 ( -4.44%) Other General Gov’t.:$ 0.00 ( 0.00%)

7. Municipal Budget Summary By Departments Police:$ 338,610.00 ( -5.33%) Fire:$ 70,936.00 ( -2.89%) Life Squad:$ 41,840.00 ( -13.27%) Dispatch:$ 49,135.00 (+11.47%)

8. Municipal Budget Summary By Departments (Con’t.) Building Inspection:$ 10,100 ( -0.98%) Emergency Management:$ 500.00 ( 0.00%) Library:$ 59,121.00 (+1.96%)

9. Municipal Budget Summary By Departments (Con’t.) Highways and Streets:$ 387,997.00 (-5.50%) Street Lighting:$ 20,000.00 ( 0.00%) Highway Block Grant:$ 88,500.00 (+13.10%) Transfer Station:$ 176,503.00 (-21.20%)

10. Municipal Budget Summary By Departments (Con’t.) Welfare:$ 25,806.00 ( 0.00%) Culture and Recreation:$ 13,607.00 ( -10.78%) Patriotic Purposes:$ 1,000.00 (-9.09%) Debt Service:$ 54,384.00 (-1.04%) Land and Improvements:$ 80,000.00 ( -46.67%) Machinery and Vehicles:$ 8,000.00 (+99.99%)

11. Municipal Budget Summary By Departments (Con’t.) Health Agencies:$ 19,750.00 ( -22.04%) Capital Reserve Funds:$ 33,000.00 ( +65.00%)

12. Municipal Budget Summary By Departments (Con’t.) Water Dept. (User Fee Funded):$ 236,206.54 ( +0.88%) Wastewater Dept. (User Fee Funded):$ 254,915.13 ( -2.87%) Total Water/Wastewater (User Funded)$ 491,121.67 ( -1.10%)

13. Municipal Budget Summary Overall Total Town Operations Budget:$ 1,870,962.00 ( -10.60%) Total Capital and Health Agencies$52,750.00 (+65.00%) Total Water/Wastewater (User Funded)$ 491,121.67( -1.10%) Total Municipal Budget:$2,414,833.67 (-8.34%)

14. Capital Purchases Proposed Police Cruiser $ 37,469.60 3-Year Lease with use of $10,500 of Cap. Reserve. Account Funding and $13,000 of new funding Transfer Station Bailer$12,528.00 Fully Funded through existing Cap. Res. Account - $0 in new funding Jaws of Life for Fire Dept.$16,260.00 Fully Funded through Fire Equipment Cap. Res. Account - $0 in new funding Life Squad Ambulance$160,000.00 5-Year Lease with use of $21,000 of Cap. Res. Account Funding and $13,000 of New Funding Total of all Capital Proposals (to be raised through taxes): $171,000 over 5 years ($31,000 in FY 2016 alone)

15. Municipal Revenues Summary Land Use Change Tax$2,950.00 (+51.28%) Yield Tax$13,000.00 (+13.04%) Excavation Tax$0.00 (0.00%) Penalties and Int. on Taxes$95,000.00 (+5.56%) Licenses, Fees and Permits$3,600.00 (+3.60%) Motor Vehicle Tax$275,000.00 (+10.00%) Building and Code Permits$2,300.00 (+27.78%) Other Licenses$4,900.00 (+0.51%) Revenue from other Governments$165,685.00 (+6.43%) Charges for Services$168,758.81 (-13.75%) Sale of Municipal Property$2,500.00 (100.00%) Interest and Bank Charges$275.00 (+100.00%) Rents of Property$0.00 (-100.00%) Insurance Refunds/ Reimbursements$9,500.00 (-19.49%) Other Misc. Revenue$1,350.00 (+35.00%) Total of Town Revenues$744,818.81 (+2.21%) Water Dept. (User Fee Funded):$ 237,500.00 ( +1.43%) Wastewater Dept. (User Fee Funded):$ 255,900.00 (+1.41%) Total of Water/Wastewater$493,400.00 (+1.42%) Overall Total of All Town Revenues$1,238,218.81 (+1.89%)

16. Town Expenditures Summary

18. How is the Tax Rate Set? Total expenses from Town, Local Education, State School Education and County added together. (Includes Overlay and Veteran's Tax Credits) Revenues from Town, State, Grants, etc. reduces amount of total Tax Commitment. (Includes Buydown) Tax Commitment divided by Taxable Valuation of the Town, multiplied by 1,000 equals the Total Tax Rate:

19. Formula – Town Tax Rate Total Town Budget (Expenditures) - Revenues Total Town Assessed Valuation X 1,000 (.000) = Mill Rate $2,507,525.67 – $1,362,718.81 = $1,144,806.86 $106,831,648 = 0.010724882 X 1,000 = $10.72

20. Average Tax Rate Breakdowns With $106,831,648 Town Wide Valuation: $10 on Tax Rate = $1,068,316 $1 on Tax Rate = $106,831 $0.10 on Tax Rate = $10,683 $0.01 on Tax Rate = $1,068 $1,144,806 to be raised from taxation (Town Portion of Tax Commitment) = $10.72

21. Impact on Average Homeowner Average Home Value in Lisbon: $150,000 Tax Bill in 2014 at $11.94 rate = $1,791.00 Tax Bill in 2015 at $10.72 rate: $1,608.00 (-$183/yr. or - $15.25/mo.) Tax Bill in 2016 at proposed rate of $10.72 = $1,608.00 SAME AS FY 2015

22. Tax Rate History in Lisbon 2000-2015

23. FY 2016 Budget Availability Full budget with Executive Summary, etc. is available for viewing/download on Town web site: www.lisbonnh.orgwww.lisbonnh.org Hard copies for public available at Town Offices

24. Board will open Public Hearing Any member of the public may speak, not limited to only residents Please raise hand and wait to be recognized by Chair of Selectmen before speaking Public may ask questions, or make comments Board will close Public Hearing Board may then discuss Budget and make Amendments or changes, if desired If changes made, Town must Continue Public Hearing to another date prior to February 22 nd and must present revisions to Public in 2 nd Public hearing. Public will be allowed to Speak then as well. Board may vote to approve Budget as presented/amended (Simply Majority.)

25. Board will Vote to approve Town Warrant and post for Public no later than February 22 nd Town Annual Report printed and available to Public with Budget and Warrant no later than March 1 st Town Meeting March 8 th