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Merrimack explains capital reserve deposits; voters will decide allocations
Summary
An article to deposit funds into capital reserve accounts was moved to the ballot; officials described the funds as the town’s savings for large capital purchases and opportunities.
Voters will decide whether to approve the town’s proposed capital reserve fund deposits after the deliberative session moved the article to the ballot. Town officials described capital reserve funds as dedicated savings accounts used over time to pay for large capital items (for example, fire apparatus, ambulances or bridge projects) without issuing debt and paying interest.
During discussion a resident, John Sauter, asked about a line item described as “traffic preemption.” Meeting remarks explained that traffic preemption is a system that changes traffic signals to favor approaching emergency vehicles to reduce intersection conflicts; the transcript cited the example signal at Lake Road and the Daniel Webster Highway as having red flashing preemption indicators. The article was moved to the ballot as printed; no final appropriation vote occurred at the deliberative session.
