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Good morning everyone. Welcome to the
September 11th, 2026 Rockingham County

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special meeting. Um I call the meeting
to order and uh ask everyone to rise for

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the pledge of allegiance.
>> I pledge allegiance to the flag of the

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United States of America and to the
republic for which it stands, one nation

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under God, indivisible, with liberty and
justice for all. And I just want to

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start the meeting with a brief moment of
silence in honor of uh the dean.

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Thank you everyone. Um in attendance we
have all three commissioners and we're

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here for a special meeting regarding
authorization for a tan. And so with

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that, I'll move to um the uh
commissioner umbrella to make a motion

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relative to authorization for the
treasur to seek financing pursuant to

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RSA 28 29 and 8. I'll make a motion to
authorize the county treasur to RSA

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29 but oh my go 29 point colon 8 with
the approval of the executive committee

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of the convention county convention to
proceed with the tan anticipation note

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also known as tan for financing for $15
million to meet current county

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obligations due to insufficient cash
flow in the county treasury. Sorry

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» discussion.
>> I think it's worth just um the use to

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highlight a few things. One that the use
of hands in county government is a

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common practice though uh historic
somewhat uncommon in the last decade in

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Rockingham. And it really is tied to the
amount of fund balance the county has.

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Right? Because statutoily we can only
get um collect on taxes once a year. So,

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um, until we collect those taxes, we're
in a position where we have to use fund

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balance for our operating expenses. And
here, as I think anybody who's, uh, sort

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of been tuned in has realized, we're
trying to sort of, um, in an effort even

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in addition with this this uh, budget
year to raise uh, taxes. It's all in an

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effort to build up the fund balance, the
reserve. So our goal here is to get in a

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position where um after a few years we
won't be relying on tans. However, in

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this because our fund balance is has
been depleted, we need to use the TANS

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for the next, you know, certainly this
year and I would I would gander in the

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next couple years to get us over the
hump until and until and until we can

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get our uh fund balance to a sufficient
level where we don't need to rely on um

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TANS to get us to our collection of
taxes.

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I agree. It was that was a good summary.
I I I agree. Uh this is all about cash

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flow. This is not about uh any extra
taxation and we will look to avoid that

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and uh uh moving forward increase the
the unreserve funds so that we will have

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the cash flow and that will put us again
in a unique position across the state

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where we will not need the tan. Um most
counties have the rely on it

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» rely on it every year. So, uh, we think
that we can improve that moving forward,

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» right? Or we need our legislature to,
uh, to, uh, uh, change the statute to

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allow collection of county taxes twice a
year.

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» Oh, that Yeah, that would help. That's
right. That would help.

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» That's above my pay grade. Anyway, um,
any further discussion? Hearing none on

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the motion. Commissioner Tumbrella,
Commissioner Gad, and I vote yes. Is

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there any other new business or old
business?

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Hearing none. Um
we have to make a motion on something

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that was
>> this is

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just something
>> uh so no new business or old business.

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Any public comment? I don't see anyone
from the public. So with that, um I'll

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take a motion to adjurnn.
>> I'll make a motion to adjurnn.

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» Second.
>> All those in favor?

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» I
>> I thank you so much and thank you Chuck.

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I don't know if that was a