2021 Budget

The Town of Exeter FY21 budget was adopted by the voters on March 9th, 2021.  The operating budget and all warrant articles go before the voters for approval on the second Tuesday in March.

The Town's operating budget was approved under Article 8 in the amount of $19,891,082.  This is the general fund budget that supports the major operating departments of the Town.  The FY21 budget was a 1.46% increase over the FY20 budget of $19,605,537.

The Water Fund budget was approved under Article 9 of the Town Warrant in the amount of $4,054,184.  This budget supports water department operations, maintenance, capital and debt service.  The budget is funded by water fees and other water related revenues, and is categorized as an enterprise fund.  The FY21 water budget was an increase of 14.1%, or $501,389, over the FY20 water fund budget.

The Sewer Fund budget was approved under Article 10 of the Town Warrant in the amount of $7,015,364.  This budget supports sewer department operations, maintenance, capital, and debt service.  The budget is funded by sewer fees and other sewer specific revenues, and is categorized as an enterprise fund.  The FY21 sewer budget was a decrease of $671,241, or -8.73% under the FY20 sewer fund budget.

The attachments below describe each article and financing plan for the FY21 budget year.  The Town share of the property tax bill is approximately 23% of the total bill.