TOWN ADMINISTRATOR REPORT
May 8th - Town Clerk offices closed due to mandatory training.
Update on State Legislation : Pension bill for reinstatement of State 7.5% sent to interim study
HB 1647 - . This bill would increase the multiplier for Group II Tier B and C members (and future hires) to 2.5 percent for all years worked in excess of 10 years. The bill, as amended, includes a $53.6 million state appropriation to offset the cost to cover the increase in the UAAL, but Group II employers would still have an ongoing annual “normal cost” of $3.69 million.
HB 1451 is currently with the Senate Executive Departments Committee awaiting an executive session. This bill would require that mandatory overtime be reported as part of the full base rate of compensation. The fiscal note estimates the employer costs up to $15.25 million dollars annually and increasing proportionally with salary increases.
3. New Website :
Design concept draft only https://nh-litchfield.civicplus.com/
Planned website reveal (internal ) 5/7/2024
Website corrections due by 5/17/2024
Training of Staff 5/14, 15 and 16th - Pre Launch meeting (internal) 5/27/2024
Website Launch 5/30/2024
4. VFW - Hudson Memorial Post - Loyalty Day Award
5. Second Session of Municipal Finance series tomorrow at 6:30 pm at the Library - Assessments and the Tax Base
6. Update from Rep. Rich Lasalles -SB383-FN This bill creates an additional adjustment to local tax caps based on inflation and population changes. The bill also establishes procedures for adoption of a budget cap by school districts.
7. Please see the Annual posting from Municipal Pest Management on our annual service. It is posted in Town Hall and we will share it virtually.
8 Attached is the March 2024 Trustee of the Trust Fund Report.