Issue 3, December 29, 2000                                           Edited by Christine Butcher

The Arithmetic of Growth

What we are trying to do:

Using a combination of public and private funding, we hope to protect up to 800 acres of buildable property by donation or by purchase of the building rights to such land.

Is it constitutional?

Yes. This proposal is not unlike using town funding to purchase new parkland.

Are you using my tax dollars?

Yes, but not general funds. The North Hampton Forever initiative will be put to the townspeople as a bond issue, so everyone will have the opportunity to vote directly on this initiative.  In addition, there will be a public hearing for each acquisition.

Will this affect growth?

Yes, in a limited way. It will moderate the rate of residential growth, which will alleviate the need for expanded town services and facilities.

Will it hurt our tax base?

No, because it will do nothing to slow the rate of commercial growth in areas zoned for commercial activity.

Will it save tax money?

Yes, new studies in towns similar to North Hampton have shown that the cost of

necessary town services exceeds the tax revenue from new residential development.

Will it hurt my property values?

No, by preserving the semi-rural flavor and heritage of North Hampton, property values will be enhanced

How much will it cost me?

To raise approximately $4,000,000 for open space, it will cost approximately 83¢ per thousand on your bill. 

You figure it out.

For an extra 83¢/thousand on your tax bill, you get open fields, fragrant forests, better schools, safer roads, picturesque farmlands, higher property values and the thanks and admiration of your grandchildren.  We think it’s worth it.