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Council schedules public hearings for $757,000 school assessment and approves first reading to transfer $400,000 to capital reserves
Summary
Councilors held first readings on two school finance items: a $757,000 supplemental appropriation to cover a SchoolCare insurance assessment and the Laconia School Board—s request to transfer $400,000 to capital reserves; both items were advanced and public hearings were scheduled for Nov. 10, 2025.
At the Oct. 27 meeting the Laconia City Council conducted first readings and scheduled public hearings for two school-related fiscal measures: a supplemental appropriation to cover a special insurance assessment and a request from the Laconia School Board to move $400,000 of FY25 fund balance into capital reserve accounts.
Diane Clary, the school district—s business administrator, described the insurance assessment as part of SchoolCare—s effort to restore reserves…
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