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RSU 40 board approves budget warrants, adds reserve articles and limits board reallocation authority to 5%
Summary
Board members approved warrants to call the district budget meeting and budget validation referendum, added reserve warrant articles for special education and regular instruction, and agreed to limit board authority to reallocate budget items to 5% without returning to voters.
The RSU 40 School Board approved warrants to call the district budget meeting and the budget validation referendum and authorized a notice of the amounts that will be posted in town offices.
Staff (speaker 5) explained the four documents board members were asked to sign: a warrant to call the district meeting, a notice of the amounts (handwritten and posted because ballot language cannot show dollar amounts), and two documents tied to the bond and the district’s SRRF revolving renovation loan—one to allow the bond to go to the election and one to notice the public hearing. Staff noted…
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