HB1472 (2014) Detail

Relative to equalized property valuation used to apportion expenses in cooperative and multi-town school districts.


HB 1472 – AS INTRODUCED

2014 SESSION

14-2271

03/01

HOUSE BILL 1472

AN ACT relative to equalized property valuation used to apportion expenses in cooperative and multi-town school districts.

SPONSORS: Rep. Grenier, Sull 7; Rep. Moffett, Merr 9; Rep. Porter, Hills 1; Rep. Shattuck, Hills 1; Rep. A. Schmidt, Sull 1; Sen. Odell, Dist 8

COMMITTEE: Municipal and County Government

ANALYSIS

This bill requires use of the most recent equalized property valuation when property value is used to apportion expenses in cooperative and multi-town school districts.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

14-2271

03/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Fourteen

AN ACT relative to equalized property valuation used to apportion expenses in cooperative and multi-town school districts.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 School Districts; Apportionment; Property Valuation. Amend RSA 194:9 to read as follows:

194:9 Apportionment of School Moneys. Every district situate in 2 or more towns shall be entitled to its just proportion of school taxes[,] and income from school funds, according to the value of property taxable therein. Property value shall be the most recent equalized assessed value in each town.

2 Cooperative School Districts; Apportionment. Amend RSA 195:18, III(e) to read as follows:

(e) The method of apportioning the operating expenses of the cooperative school district among the several preexisting districts and the time and manner of payment of such shares. Home education pupils who do not receive services from the cooperative school district, except an evaluation pursuant to RSA 193-A:6, II shall not be included in the average daily membership relative to apportionment formulas. For articles of agreement adopted after April 1, 2014 and apportionment methods amended after April 1, 2014, property value used to apportion expenses shall be the most recent equalized assessed value in each preexisting district.

3 Cooperative School Districts; Apportionment. Amend RSA 195:18, III(g) to read as follows:

(g) The method of apportioning the capital expenses of the cooperative school district among the several preexisting districts, which need not be the same as the method for apportioning operating expenses, and the time and manner of payment of such shares. Capital expenses shall include the costs of acquiring land and buildings for school purposes, including property owned by a preexisting district; the construction, furnishing and equipping of school buildings and facilities; and the payment of the principal and interest of any indebtedness which is incurred to pay for the same or which is assumed by the cooperative school district. Home education pupils who do not receive services from the cooperative school district, except an evaluation pursuant to RSA 193-A:6, II, shall not be included in the average daily membership relative to apportionment formulas. For articles of agreement adopted after April 1, 2014 and apportionment methods amended after April 1, 2014, property value used to apportion expenses shall be the most recent equalized assessed value in each preexisting district.

4 Effective Date. This act shall take effect April 1, 2014.