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Board reviews default‑budget rules under RSA 40:139‑b and 15‑year budget history
Summary
Administrators explained how the FY26 default budget will be calculated under RSA 40:139‑b, showing the statutory formula and a 15‑year history of proposed versus default budgets. Presenters warned the default can be higher or lower than a proposed operating budget and previewed forthcoming budget committee meetings and deliberative session dates.
Administrators walked the Timberlane Regional School District board through the statutory definition and calculation of a default budget under RSA 40:139‑b, emphasizing that the formula may produce a default amount higher or lower than a proposed operating budget.
Presenter Maria (finance/administration) read the statute aloud and summarized the calculation steps: start with the prior fiscal year's voted budget, add…
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