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Stratham board reviews FY27 budget, warns homeowners of near-term tax impact from bond and contract articles
Summary
The Stratham School District presented its FY27 proposed budget and tax-impact calculations, including a bond repayment and teacher contract warrant article. Finance staff said the combined effect of Article 1 (operating) and Article 2 (collective bargaining) is roughly $0.72 per $1,000 in assessed value; board members requested homeowner-specific dollar examples and line-item breakdowns.
Molly, the district’s finance presenter, told the Stratham School Board on Dec. 11 that the FY27 budget separates operating and bond costs and includes grants appropriated at the district level. She said department-level changes were small but the addition of the bond repayment and negotiated contract increases together produce a measurable effect on taxpayers.
"So article 1 being the operating budget, article 2 being the collective bargaining agreement would be a 72 projected 72¢ per thousand impact on your tax bill," Molly said during the presentation. She added that the Department of Education’s projected adequacy figure had fallen "from 1.025 to 1.001," which reduces projected state revenue and…
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