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Losing Your Head Over Taxes

Losing Your Head Over Taxes. The Art of Flying in Formation. Dancing & Gardening Techniques by Barb. Barb’s Tour of Tropical Topics. Warrant Articles & Timelines. Barbara J. Robinson Director of Municipal Services NH Department of Revenue September 29, 2005.

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Losing Your Head Over Taxes

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  1. Losing Your Head Over Taxes

  2. The Art of Flying in Formation

  3. Dancing & Gardening Techniques by Barb

  4. Barb’s Tour of Tropical Topics

  5. Warrant Articles & Timelines Barbara J. Robinson Director of Municipal Services NH Department of Revenue September 29, 2005

  6. How to Pass the Budget For The Twin’s New School

  7. Or Perhaps - Animal Obedience Charter School

  8. Pointing You in the Right Direction • RSA 21-J:34 Tech.Assistance • RSA 21-J:35 Tax rates • RSA 32 Budget law • RSA 40:13, if SB2 • RSA 198:20-b • Phone: 271-3397

  9. Technical Assistance Available • Suggested Warrant Articles • School Meeting Timeline • SB2 Official Ballot Vote • Web site: www.nh.gov.revenue • DRA Auditor at 271-3397

  10. Today’s Topics • What’s New? • Tax Rate Process • General Rules • Budget Committees • How to Stay Out of Trouble • SB2

  11. What’s New? Education Funding Plan Unanticipated Revenue < $5,000 “No Means No” (2nd year) SB2 Default Budget Form (2nd year)

  12. Overview of the Process Grant calculated by DOE State Education Tax Calculated by DRA Your Budget Preparation Hold Hearing(s) Post Warrant & Budget Town/School Meeting Vote on Budget Minutes & Forms to DRA to Review (April) DRA Review More Forms after September 1 Tax Rate = $

  13. General Rules Follow RSA 32 Requirements Postings, hearings Sum Certain Gross Appropriate Even Food Service All Appropriations on Posted Budget Don’t Do a “SWEEP” Article 10% Rule (if budget committee)

  14. Budget Committee Adopt Under RSA 32:15 Review Expenditures Prepare Budget to Present to Voters 10% Rule –Appropriations not greater than 110% of budget committee amount Prepare SB2 Default Budget if Delegated Under RSA 40:14-b

  15. SB2 Form of Government Ballot Vote with 2 Sessions March, April, or May 3/5 Vote on Bonds/Notes Default Budget if Op. Budget Fails Default Budget Form

  16. How to Stay Out of Trouble Flying in formation?

  17. Avoiding Crash Course?

  18. Technical Assistance to Help Page 2 Reasons for Disallowance Pages 3-6 Trusts and Capital Reserve Funds Page 6 Long-Term Borrowing Page 10 Leases Page 11 Supplemental/Deficit Page 12 “Up To” Wording Page 13 Collective Bargaining

  19. Black & White Presentation on Gray Areas

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