Revision: Feb. 4, 2025, 4:25 p.m.
SB 116-FN - AS INTRODUCED
2025 SESSION
25-1005
06/05
SENATE BILL 116-FN
SPONSORS: Sen. Innis, Dist 7; Rep. See, Merr. 26
COMMITTEE: Finance
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ANALYSIS
This bill makes an appropriation to the Pillsbury Lake Village District for loan costs related to upgrading pipes, the water filtration system, and developing a new well.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
25-1005
06/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Five
Be it Enacted by the Senate and House of Representatives in General Court convened:
I. The sum of $325,000 is hereby appropriated to the Pillsbury Lake Village District for the purpose of addressing loan costs associated with the following upgrades:
(a) Piping Upgrades: $155,000 to cover a loan used for upgrading the pipes under Concord Drive in Webster.
(b) Water Filtration Upgrade: $105,000 to cover a loan for upgrading the water filtration system.
(c) New Well Development: $65,000 to cover a loan for digging a new well, known as the Franklin-Pierce well, which requires less processing and will reduce overall costs.
II. The appropriation shall be for the biennium ending June 30, 2027, and the governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated.
2 Effective Date. This act shall take effect July 1, 2025.
25-1005
Revised 2/4/25
SB 116-FN- FISCAL NOTE
AS INTRODUCED
FISCAL IMPACT:
|
| |||||
Estimated State Impact | ||||||
| FY 2025 | FY 2026 | FY 2027 | FY 2028 | ||
Revenue | $0 | $0 | $0 | $0 | ||
Revenue Fund(s) | None | |||||
Expenditures* | $0 | $0 | $0 | $0 | ||
Funding Source(s) | None | |||||
Appropriations* | $0 | $325,000 | $0 | $0 | ||
Funding Source(s) | General Fund | |||||
*Expenditure = Cost of bill *Appropriation = Authorized funding to cover cost of bill | ||||||
| ||||||
Estimated Political Subdivision Impact | ||||||
| FY 2025 | FY 2026 | FY 2027 | FY 2028 | ||
County Revenue | $0 | $0 | $0 | $0 | ||
County Expenditures | $0 | $0 | $0 | $0 | ||
Local Revenue | $0 | $0 | $0 | $0 | ||
Local Expenditures | $0 | $325,000 | ||||
METHODOLOGY:
This bill appropriates $325,000 from the General Fund to the Pillsbury Lake Village District for the biennium ending June 30, 2027. The funds will address loan costs associated with the following upgrades, including $155,000 for pipe improvements under Concord Drive in Webster, $105,000 for an upgraded water filtration system, and $65,000 for developing the Franklin-Pierce well. This appropriation will reduce local expenditures in the Pillsbury Lake Village District, but when the funds will be expended is unknown.
AGENCIES CONTACTED:
None