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Board member warns state bills could limit districts' retained fund balance and enable unilateral town withdrawal
Summary
Board members flagged three New Hampshire bills — HB1610 (reducing retained fund balance cap), HB1374 (allowing single-town withdrawal from cooperative districts with 60% local approval), and HB1815/SB659 (language that could recast state funding responsibility) — and urged vigilance to district representatives.
A board member raised multiple pieces of state legislation and urged fellow trustees to monitor potential impacts on district finances and governance.
The board member described HB1610 as a proposal that would require districts to put the retained fund-balance question before voters every year and reduce the cap on retention from 5% to 3%. He said the change would reduce a…
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