Allows school districts to retain year-end unassigned general funds annually, subject to public hearings and reporting requirements.
New Hampshire HB1610 allows school districts to annually retain year-end unassigned general funds, provided the total amount does not exceed 5 percent of the current fiscal year's budget appropriation total. The school board must hold a public hearing before expending retained funds and present an annual accounting report to the school board and the public. The bill also amends RSA 198:4-b to establish a contingency fund for unanticipated expenses, with detailed reporting requirements. The bill was vetoed on July 10, 2026.
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