Press Releases / News / Public Hearings
Bond Bid and Award for Capital Projects and Lease Refunding - July
2, 2013, 4:30p -
Tax Anticipation Note click here
The Rockingham County Board of Commissioners is pleased to announce
that Rockingham County has again earned a MIG1 Rating by Moody’s
Investors Service to Rockingham County’s $13.5 million dollar
general obligation tax anticipation note for 2012.
Each year Rockingham County borrows funds in anticipation of the
county tax receipts paid by the towns and city in the county each
December. The amount borrowed is $4.5 million dollars less than
2011. This reduction is largely attributed to the Commissioners
efforts in revenue enhancements and streamlining operations in Long
Term Care Services (nursing home, assisted living, and adult day
care). A rehabilitation services program was introduced capturing
additional skilled care revenues. The overall deficit in long term
care operations decreased over $2 million dollars, which is
attributed to a change in goals for long term care.
Moody’s cited satisfactory cash flow projections, healthy financial
position, and low direct burden debt as facets in the rating issued.
This excellent rating resulted in a low net interest rate of
0.1949% with a 0.75% coupon rate. Rockingham County’s prudent
financial planning and strong budgeting efforts are a direct result
of this rating and interest rate.
Rockingham County Biomass Facility
Burning local wood chips to provide steam for heat, hot water,
laundry and kitchen processes at the Rockingham County Long Term
Care Campus, and Jail/House of Corrections.
Rockingham County received a $1.97 million grant, covering
approximately half the cost of the project. Additionally, a $200,000
grant was obtained from the North Country Conservation and
Development Area Inc. through the United States Forest Service.
The Rockingham County Biomass Facility is projected to displace
approximately 245,000 gallons of fuel oil consumption with 4,000
tons of wood chips. The savings to Rockingham County will be in
excess of approximately $400,000 per year, fluctuating with the
price of oil. We have procured a five year contract with a chip
supplier with only slight annual price increases.
Deficiency Free Survey Results
The Rockingham County Board of Commissioners is pleased to
announce that the long term care facility encompassing the
Rockingham County Nursing Home, Ernest P. Barka Assisted Living
Facility, and the Helen F. Wilson Adult Medical Day Care Program
went through the annual survey conducted by the State of New
Hampshire Department of Health and Human Services and the inspection
results were deficiency free, the best possible rating.
The annual survey encompasses resident care and safety by inspecting
the premises, programs, services, records of personnel and
residents, and interviewing residents, staff, and families to ensure
quality and safety in accordance with New Hampshire licensing
Steven E. Woods, Long Term Care Services Director said “Our team is
incredible and everyone from every department helps to make this
happen. We take pride in providing high quality long term health
care every day.”
Rockingham County’s continuum of care includes the Rockingham County
Nursing Home, Ernest P. Barka Assisted Living Facility, and the
Helen F. Wilson Adult Medical Day Care Program. The facility offers
a home-like environment, which is an important part of our approach
to residents care and guides our day-to-day culture.
Click Long Term Care Services to the left for more information on
the services offered.
Senate Bill 375 Amendment Support
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