Committee hears how HB 1300 and HB 1575 will change Rye school budgeting
Members discussed HB 1300 (on the Nov. 2026 and Nov. 2028 ballots, requiring a 3/5 approval) and HB 1575 (requiring Budget Committee to prepare default budgets). The SAU can no longer retain a fund balance and Rye may see about a $100,000 credit tied to SAU 50 contributions.
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Committee members reviewed pending state legislation and its local effects: the School warrant must now separate SAU 50 costs from the Rye School budget, creating two distinct warrants. HB 1300 was described as a complex change set for ballot consideration in November 2026 and November 2028 that would require a three-fifths majority for passage.
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