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Stratham approves small capital reserve additions; meeting tallies bond and budget votes
Summary
The district added $20,000 to the maintenance capital reserve fund and $10,000 to the technology capital reserve fund (both from fund balance). The meeting also recorded final results for Articles 1 and 2 and adopted motions to restrict reconsideration.
Voters at the Stratham School District meeting approved two warrant articles that add funds to existing capital reserve accounts and finalized earlier votes on the bond and operating budget.
Article 3 (Maintenance Capital Reserve Fund) — Voters approved adding $20,000 to the maintenance capital reserve fund, with the sum to be taken from the district’s June 30 fund balance; no additional taxation was required. The article was recommended by both the Stratham School Board and the Financial Advisory Committee (each 5–0).
Article 4 (Technology Capital Reserve Fund) — Voters approved adding $10,000 to the technology capital reserve fund, again to come from the June 30 fund balance with no additional tax impact. The article was recommended by both the board and the Financial Advisory Committee (each 5–0).
The meeting also announced the previously conducted ballot result for Article 1 (school building renovation bond). The moderator read the results as recorded at the count: 7 abstentions, 28 no and 411 yes; the moderator declared Article 1 passed and the meeting restricted reconsideration. Article 2 (operating budget) was adopted as amended to $15,636,375 after a floor amendment that added $110,000; that article also had reconsideration restricted after passage.
Votes at a glance - Article 1 — School building renovation bond: $11,961,745 bond; additional $299,044 for 2025–26 debt service; ballot vote; moderator announced tally as read at meeting (7 abstain, 28 no, 411 yes); outcome: approved; three‑fifths/ballot required. - Article 2 — Operating budget: Adopted as amended to $15,636,375 (amendment restored $110,000); outcome: approved by voice vote; majority required. - Article 3 — Maintenance capital reserve fund: $20,000 from fund balance; outcome: approved by voice vote; majority required. - Article 4 — Technology capital reserve fund: $10,000 from fund balance; outcome: approved by voice vote; majority required.
Procedural notes: the meeting opened a one‑hour ballot box for the bond article (as required by the RSA cited in the warrant); after ballot counting the moderator announced results and the assembly approved motions to restrict reconsideration so Articles 1 and 2 would not be revived that same session.
