losing your head over taxes the art of flying in formation

Losing Your Head Over Taxes

The Art of Flying in Formation

Dancing & Gardening Techniques

by Barb

Barb’s Tour of Tropical Topics

Warrant Articles & Timelines

Barbara J. Robinson

Director of Municipal Services

NH Department of Revenue

September 29, 2005

How to Pass the Budget For The Twin’s New School

Or Perhaps - Animal Obedience Charter School

Pointing You in the Right Direction

• RSA 21-J:34 Tech.Assistance

• RSA 21-J:35 Tax rates• RSA 32 Budget law• RSA 40:13, if SB2• RSA 198:20-b• Phone: 271-3397

Technical Assistance Available

• Suggested Warrant Articles

• School Meeting Timeline

• SB2 Official Ballot Vote

• Web site: www.nh.gov.revenue

• DRA Auditor at 271-3397

Today’s Topics

• What’s New?

• Tax Rate Process

• General Rules

• Budget Committees

• How to Stay Out of Trouble

• SB2

What’s New?Education Funding Plan

Unanticipated Revenue < $5,000

“No Means No” (2nd year)

SB2 Default Budget Form (2nd year)

Overview of the ProcessGrant calculated by DOEState Education Tax Calculated by DRAYour Budget PreparationHold Hearing(s)Post Warrant & BudgetTown/School Meeting Vote on BudgetMinutes & Forms to DRA to Review (April)DRA Review More Forms after September 1Tax Rate = $

General RulesFollow RSA 32 Requirements

Postings, hearingsSum Certain

Gross AppropriateEven Food Service

All Appropriations on Posted Budget Don’t Do a “SWEEP” Article10% Rule (if budget committee)

Budget CommitteeAdopt Under RSA 32:15Review ExpendituresPrepare Budget to Present to Voters 10% Rule –Appropriations not greater than

110% of budget committee amountPrepare SB2 Default Budget if Delegated Under RSA 40:14-b

SB2 Form of Government

Ballot Vote with 2 Sessions March, April, or May 3/5 Vote on Bonds/Notes Default Budget if Op. Budget Fails Default Budget Form

How to Stay Out of Trouble Flying in formation?

Avoiding Crash Course?

Technical Assistance to HelpPage 2 Reasons for DisallowancePages 3-6 Trusts and Capital Reserve FundsPage 6 Long-Term BorrowingPage 10 LeasesPage 11 Supplemental/DeficitPage 12 “Up To” WordingPage 13 Collective Bargaining

Black & White Presentation on Gray Areas