This bill appropriates $600,000 in general funds to the Department of Transportation to be granted to the town of Warner as matching funds for a rail trail project. The funds will be used to build a section of the rail trail in Warner that will connect Contoocook Village with downtown Warner. The bill authorizes the governor to draw a warrant for the funds from the treasury. The bill will take effect on July 1, 2024.
The fiscal impact of the bill is as follows: in FY 2025, there will be an expenditure of $600,000 from the General Fund for the appropriation. There is no impact on state, county, or local revenue. The bill does not authorize any new positions. The estimated impact on the town of Warner is an increase in revenue of $600,000 in FY 2025. There are no local expenditures associated with the bill. No agencies were contacted regarding the bill.