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Somersworth manager presents FY2026 city budget showing $1.04 million general‑fund increase
Summary
City Manager Bob Bellmore told the Somersworth City Commission the proposed FY2026 city budget would increase the gross general fund by $1,036,200 (6.07%), remain $11 under the city charter tax cap and would raise the municipal portion of the property tax rate if adopted.
City Manager Bob Bellmore presented the Somersworth City Commission with the proposed fiscal year 2025–26 city budget, saying the gross general fund would rise by $1,036,200 (6.07%) and that the proposal was $11 under the tax cap set in the Somersworth city charter.
The budget matters because the charter limits increases in real‑estate tax revenue to the change in the national CPI‑U and separately permits revenue from new construction; Bellmore said the charter formula and a 2024 CPI‑U figure of 2.95% produce an allowable amount to be raised by taxes of $37,366,548 for FY2026. "We're $11 right now under the tax cap," Bellmore said.
Bellmore told commissioners the gross general fund increase includes $648,406 in salary and payroll‑driven costs, $182,556 in other operating expenses, about $113,000 in additional debt service and capital leases, and roughly $92,000 in capital…
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