City holds public hearing to get feedback on $7.3M loan to pay water-sewer deficit

The City of Rochester will hold a public hearing on May 12 at 6 p.m. for residents to make their feelings know regarding a $7.35 million dollar installment loan to pay of a water/sewer deficit.

The resolution reads as follows: RESOLUTION AUTHORIZING SUPPLEMENTAL APPROPRIATION TO THE GENERAL FUND UNASSIGNED FUND BALANCE IN THE AMOUNT OF $7,350,000.00 IN CONNECTION WITH THE WATER-SEWER FUND DEFICIT AND BORROWING AUTHORITY PURSUANT TO RSA 33:9

The Rochester City Council will conduct the hearing to take citizen input on the question of whether to appropriate $7,350,000 for the purpose of paying costs associated with relief of the Water-Sewer Funds deficits and/or whether to authorize the borrowing of $7,350,000 through the issuance of bonds and/or notes, and/or through other legal form(s), for the purposes of funding the expenditures incident to the implementation of the Project.

Copies of the proposed resolutions are available in the City Clerk's Office.

Persons with disabilities requesting accommodations should contact the City Clerk's Office (tel. 332-2130) on or before May 12, 2026, in order to make arrangements.