New London seeks to adopt 18 month budget

New London selectmen

New London’s new Moderator, Michael Todd met with the Selectmen to prepare for Town Meeting.

At Town meeting New London voters will be given a choice of two operating budget. Article 5 calls for an appropriation of $9,172,114 to fund the 18 month period from January 1, 2011 to June 30, 2012. If that fails, Article 6 asks for $6,379,169 to fund expenses from January 1, 2011 to December 31, 2011.

Warrant articles also ask for $5,200,000 as the Town’s share of upgrades and improvements to the Sunapee Wastewater Treatment Plant, and a $370,000 bond for design and construction of repairs to Tracy Memorial. Other items ask voters to adopt quarterly property tax billing, and a May Town Meeting for the selection of town offi cers and the transaction of all other town business. Both articles will be passed over if Article 5 fails.

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