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Raymond, New Hampshire Development News

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Board of Selectmen 7-6-26.mp4

Published: Jul 6, 2026

Budget & FinanceOther

Walter Lyman Reward Fund Dissolved and Transferred to General Fund

The board accepted a donation of $5,205.83 (or adjusted balance) from the Walter Lyman Reward Fund into the town's 'unspecified funds' (general fund). The fund, held for many years, is being dissolved due to questions about its relevance given the status of the Industrial Association and following advice from Charitable Trusts. The town attorney's opinion was also sought. The decision was made to consolidate these funds into the general fund rather than utilizing them for specific capital reserve projects.

Budget & FinanceInstitutional

Cemetery Plot Refund Approved Despite Concerns Over Reserve Fund Usage

The board approved a motion to accept the refund of $175 for a cemetery plot from E. Martini, purchased in 1989. The funds are to be transferred from the Cemetery Expansion Capital Reserve Fund. Concerns were raised about expending funds from a reserve fund not directly aligned with its purpose, with one member arguing it violates the intent of the townspeople's approval for the fund's specific use. The motion passed 4-1, with the argument that since the fund existed at the time of purchase, the refund could be processed through it. The request also noted the desire to reuse a headstone and a veteran's marker.

Budget & FinanceOther

Tax Abatement Request Denied Due to State Education Tax Jurisdiction

The board voted 3-2 to deny an abatement request for tax map 034071. The assessor recommended denial, stating that the appeal relates to the state education portion of the tax bill, over which the town has no control. While the town can abate taxes based on RSA state law, the rationale for this particular request was deemed not applicable to the town's jurisdiction. The board acknowledged that individual abatements for state education tax are not possible.

Budget & FinanceInstitutional

Safety Complex Stair Repairs Approved; Awning Decision Deferred

The board approved an expenditure of $6,850 from the General Government Building Improvements fund for repairs to two cement staircases at the Safety Complex, which were deemed unsafe and in poor condition. An additional request for awnings over the staircases was tabled for further information and alternative options, as concerns were raised about the durability of cloth awnings and the potential cost of metal alternatives. The board also discussed blocking off the unsafe stairs immediately to prevent liability. The total requested for the stairs and awnings was up to $11,800, but only the stair repair portion was approved at this time.

Budget & FinanceAll

Town Financial Reports Show Stable Standing with Minor Concerns

The board reviewed the town's financial reports, including expenditures versus budget, revenues, and capital reserve funds. The finance director presented the data as of June, indicating that most departments are within budget, with a few exceptions like DPW (due to weather-related costs) and insurance (due to early annual renewals). Overall, the financial standing was described as stable. Revenue projections, including land use change taxes and building permits, appear positive, though interest on investments is lower than in previous years due to declining interest rates. The report also detailed the status of various capital reserve funds and grant applications.

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Raymond, New Hampshire Development News — July 2026 | GatherGov