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Public hearing set May 27 for $900,000 capital-roads ballot question
Summary
The Select Board scheduled a public hearing for May 27 at 7 p.m. on a ballot question asking voters to authorize up to $900,000 for the town's capital roads program through a loan agreement or municipal bond; board members emphasized public outreach and clear explanations of percentage impacts.
The Newcastle Select Board voted May 12 to schedule a public hearing on May 27 at 7 p.m. for the ballot question: "Shall the town raise and appropriate a sum of money not to exceed $900,000 for its capital road program through a loan agreement or municipal bond with terms deemed by the municipal officials as being in the town's best interest?"
Board members said public outreach and clear explanatory material will be critical because the question bundles a borrowing authorization with broad parameters; the manager said she prepared a detailed memo with multiple percentage scenarios (examples discussed in the meeting included increases of around 9.8%, 9.08%, 6.44% and 3.52%) and asked the board to help distill the memo into user-friendly sound bites for outreach.
The board approved scheduling the required public hearing at least seven days before the ballot action. Members noted that if the ballot measure passes, the board would later set specific borrowing terms and could modify program details when action is required.
