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Attorney outlines implications of proposed 2.5% tax cap for Timberlane
Summary
Legal counsel explained how adopting RSA 32:5-b (a 2.5% tax-cap petition) would limit the district's tax-raising authority, include operating budget and warrant articles with tax impact, and be amendable or overridable at deliberative session; board members questioned interaction with existing contracts.
At the joint Timberlane Regional School District meeting, attorney Jim O'Shaughnessy walked the committee and board through petition warrant article number 4, which proposes adopting RSA 32:5-b to cap the district’s increase in the amount raised by local taxes at 2.5% in the first year. "The tax cap shall not increase the amount to be raised by local taxes based on the prior fiscal year's actual amount of local taxes raised by more than 2.5%," O'Shaughnessy recited, and then explained the statute's mechanics:…
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