NOTICE OF LOCAL TAX CAP PUBLIC HEARING

Pursuant to RSA 32:5-c III, the Lancaster Board of Selectmen will hold a public hearing on a Citizen Petitioned Warrant Article seeking to adopt a local tax cap for the Town of Lancaster.

The petitioned article reads: “Shall we adopt the provisions of RSA 32:5-b, and implement a tax cap whereby the governing body (or budget committee) shall not submit a recommended budget that is higher than the prior fiscal year’s actual amount of local taxes raised (last year’s base), adjusted for inflation.  The increase for inflation, or CPI (consumer price index) in the formula above, shall be an annual inflation index published by the U.S. Bureau of Labor Statistics as of January 1.”

The public hearing shall take place on February 18, 2025, at 6:30pm at the Lancaster Town Hall, second floor, 25 Main Street, Lancaster, NH 03584.