CarriageTowneNews.com, Kingston, NH

Elections

March 6, 2012

Hampstead School Candidates and Warrant

(Continued)

(Without this article, the District would have to petition the Superior Court for a Special School District Meeting. This saves the District the expense of attorney fees and court costs.)

Recommended by the School Board 5-0

Article 5 - Capital Reserve Fund

Shall the Hampstead School District raise and appropriate up to $75,000 to be placed in the School Renovation, Reconstruction and Capital Improvement Capital Reserve Fund established in 2006, with such amount to be transferred from the June 30, 2012 unreserved fund balance (surplus) in excess of $150,000? (MAJORITY VOTE REQUIRED)

(The first $150,000 of surplus will be returned to the taxpayers. The next $75,000 of the surplus will be placed in the Capital Reserve Fund. Any additional surplus will be returned to the taxpayers. The funds from this article come from the 2011-12 school budget surplus, not from additional taxes.)

Recommended by the School Board 5-0

Recommended by the Budget Committee 4-1

Article 6 - General Acceptance of Reports

Shall the Hampstead School District accept reports of agents, auditors, and committees as written in the 2011 Annual Report? (MAJORITY VOTE REQUIRED)

Recommended by the School Board 5-0

Article 7 - Tax Cap Petition by Jorge Mesa-Tejada et al

Shall we adopt the provisions of RSA 32:5-b, and implement a tax cap whereby the governing body shall not submit a recommended budget that increases the amount to be raised by local taxes, based on the prior fiscal year's actual amount of local taxes raised, by more than 2%? (3/5 MAJORITY VOTE REQUIRED)

Not Recommended by the School Board 5-0

Not Recommended by the Budget Committee 3-2

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