HB 1520 – AS INTRODUCED
2006 SESSION
10/03
HOUSE BILL 1520
AN ACT requiring certain information in the financial reports of counties.
COMMITTEE: Municipal and County Government
This bill requires financial reports of counties submitted to the department of revenue administration to include capital expenses, operating expenses, and revenues allocated by town.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
06-2632
10/03
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Six
AN ACT requiring certain information in the financial reports of counties.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Reports Required; Counties. Amend RSA 21-J:34, V to read as follows:
V. A financial report for each city, town, school district, village district, or county shall be filed showing the summary of receipts and expenditures, according to uniform classifications, during the preceding fiscal year, and a balance sheet showing assets and liabilities at the close of the year. In addition to other requirements of the commissioner, a report submitted by a county shall list separately the capital expenses divided equally by the number of towns in the county, operating expenses divided by the number of users in each town, and revenues allocated by town. This report shall be submitted on or before April 1 if the municipality keeps its accounts on a calendar year basis, or on or before September 1 if the municipality keeps its accounts on an optional fiscal year basis pursuant to RSA 31:94-a. School districts shall submit financial reports on or before September 1 of each year.
2 Effective Date. This act shall take effect 60 days after its passage.