HB 1078 - AS INTRODUCED
HOUSE BILL 1078
SPONSORS: Rep. Silber, Belk. 2; Rep. Terry, Belk. 5; Rep. Johnson, Belk. 3; Rep. Howard, Belk. 8
COMMITTEE: Municipal and County Government
This bill requires the Gunstock area commission to submit a budget proposal to the county convention 90 days prior to the start of the next fiscal year and restricts all expenditures to those approved by the county convention.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Two
Be it Enacted by the Senate and House of Representatives in General Court convened:
399:14 Appropriation and Revenues.
(a) The county convention [may, from time to time, appropriate money for the use of the commission to carry out the purposes of this chapter]shall approve the budget submitted by the commission pursuant to this section.
(b) All moneys received by the commission from the operation of the area, by borrowing, from the appropriations by the county convention, or from other sources, shall be turned over to the county treasurer, shall be kept in a separate fund, and shall be paid out of the same only upon order of the commission or its duly designated agent.
(c) The commission is hereby authorized and empowered to use the revenues from the area, pursuant to the budget approved by the county convention according to this section, to carry out any and all of the purposes herein stated, and is hereby especially authorized and empowered to retain any profits from the operation of the area and invest the same for the purpose of future maintenance, operation, improvements of the area, and for working capital, except that any sums accumulated and on hand at the end of the fiscal year in excess of twenty-five percent of the average gross income of the three immediately preceding fiscal years, not required for the payment of outstanding bills of amortization of outstanding indebtedness, shall be turned over to the county of Belknap if required by vote of the county convention.
(d) The commission is hereby authorized to adopt a fiscal year for accounting purposes which need not be the same as the calendar year.
(e) All financial transactions of the commission shall be audited annually and at such other times and in such manner as the county convention may determine. The commission shall make an annual report to the county convention of its financial and other transactions for the preceding fiscal year on or before the fifteenth day of the second month following the close of the preceding fiscal year. This report, and the report of such audits as shall be made as herein provided, shall be filed with the clerk of the superior court for Belknap county, after completion, and shall be open for public inspection.
[(f) If the commission at any time requests the county convention for an appropriation, or for authority to borrow money as provided in section 15, such request shall be accompanied by a complete budget of expected receipts and expenditures for the current fiscal year.]
(f) Annually, at least 90 days in advance of the commencement of the next fiscal year of the commission, the commission shall provide to the county convention a detailed budget proposal of appropriations and expected revenues for its upcoming fiscal year, setting forth in such detail as the county convention may require, details of all proposed appropriations for expenditure by detailed general ledger line items as usually and customarily utilized by the counties in their budgeting processes and pursuant to general ledger formats promulgated by the department of revenue administration. Each such budget proposal shall also contain disclosures for each general ledger line item, the amounts budgeted, and the amounts actually expended during each of the preceding 3 fiscal years.
(g) Adoption of a proposed budget for the commission, as well as any supplemental appropriations, must be approved by an affirmative vote of a majority of the members of the county convention voting at a meeting called for such purpose. The approved budget for the immediately preceding fiscal year shall continue if the county convention has not approved a budget for the commission prior to the commencement of that fiscal year, until such time as a new budget has been duly adopted by the county convention.
(h) No expenditures by the commission for any purpose shall be made except pursuant to an appropriation for such purpose or purposes approved by the county convention in a duly approved budget or in a supplemental appropriation approved by the county convention.
(i) The county convention may adopt and promulgate a transfer policy providing for limits on the power of the members of the commission to transfer appropriations between line items in any approved budget.
|Jan. 31, 2022||House||Hearing|
Jan. 31, 2022: Public Hearing: 01/31/2022 1:00 p.m. LOB301-303
Nov. 2, 2021: To Be Introduced 01/05/2022 and referred to Municipal and County Government
: To Be Introduced and referred to Municipal and County Government