New Hampshire HB1224 modifies the definition and calculation of the default budget for official ballot town meetings.
New Hampshire HB1224 amends the definition of "default budget" under RSA 40:13, IX(b) to include adjustments for debt service, contracts, and other obligations. It introduces a new subparagraph, IX(d), which reduces the default budget by salaries and benefits of eliminated or vacant positions, and reflects actual salaries of filled positions. The bill also modifies the calculation of the default budget to include reductions for eliminated positions and vacant positions, with exceptions for public safety positions under recruitment. The changes take effect January 1, 2027.
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