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Brentwood officials explain how town meeting warrants and fund balance affect the tax‑cap base
Summary
Budget committee members laid out how four warrant articles approved at town meeting — declared as paid from unreserved fund balance — are treated for tax‑cap calculations and how the 10% limitation on appropriations interacts with the town’s 4% tax cap.
Budget Committee member Letty (Budget Committee member) walked Brentwood’s Budget Committee through how warrant articles declared to be paid from unreserved fund balance affect the town’s tax‑cap base and the committee’s calculations.
She said four warrant articles approved at town meeting — for a front‑end loader, highway vehicles, expanded part‑time position in a department, and establishing a master plan expendable trust fund — totaled $335,611 and were declared to be paid from unreserved fund balance. That designation, she said, moves those sums out of “unreserved” status and allocates them as voted surplus that must be added back into the tax‑cap base when the Department of Revenue Administration (DRA) computes the cap.
Letty cited RSA 32:3 (definition of…
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