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You are here: Home / 2020 Archive / SAU 90 Article 1: Operating Budget

SAU 90 Article 1: Operating Budget

SAU 90 Article 1:  Shall the School District raise and appropriate as an operating budget, not including appropriations by special warrant articles and other appropriations voted separately, the amounts set forth on the budget posted with the warrant, or as amended by vote of the first session, for the purposes set forth therein, totaling $23,789,112? Should this article be defeated, the default budget shall be $23,703,302, which is the same as last year, with certain adjustments required by previous action of the District or by law; or the governing body may hold one special meeting, in accordance with RSA 40:13, X and XVI, to take up the issue of a revised operating budget only? (Majority vote required.)

What it means:  The SAU 90 Proposed Operating Budget is $85,810 more than the Default Budget, or a difference of less than four-tenths of one percent.

Those in favor say:  Most of the increase traces to Special Education costs and increases in the cost of Health Insurance.  The District worked very hard to keep the costs down for the taxpayers.

Those against say: No one spoke against this Article at the Deliberative Session.

Fiscal Impact: Adoption of the Proposed Operating Budget will cause an increase in taxes of $9.12 for a Hampton home valued at $400,00.  Take your property valuation divided by 1000 and multiplied by .023 to get your cost.

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