Section 35:10 – Trustees of Funds.
35:10 Trustees of Funds. – The trustees of trust funds of a town or city shall have custody of any capital reserve of a town, district or water departments therein, the trustees of trust funds as provided in RSA 35:2 shall have custody of such capital reserve of a school district, and the county […]
Section 35:11 – Payments from Surplus.
35:11 Payments from Surplus. – Whenever any town shall have voted to transfer any accumulated surplus to the capital reserve fund, the town clerk shall forward to the board of selectmen and to the town treasurer, within 10 days of the adoption of such vote, a certified copy of the same. The selectmen shall […]
Section 35:12 – Appropriation.
35:12 Appropriation. – Whenever the vote of the town is to appropriate any sum for the capital reserve fund pursuant to RSA 35:5, the same duties shall devolve upon the town clerk, selectmen, and town treasurer, as specified in RSA 35:11, except that the order must be drawn, and the sum transferred on or […]
Section 35:1 – Establishment of Reserves Authorized.
35:1 Establishment of Reserves Authorized. – Any town, school district, village district, or county, as provided by RSA 35:3 may raise and appropriate money for the establishment of a capital reserve fund for the financing of all or part of the cost of: I. The construction, reconstruction or acquisition of a specific capital improvement, […]
Section 35:1-a – Reserve Fund in Anticipation of New Fiscal Year.
35:1-a Reserve Fund in Anticipation of New Fiscal Year. – Any county, city or town may establish a reserve fund in anticipation of the optional fiscal year pursuant to RSA 31:94-a through 94-d. Source. 1973, 96:1, eff. June 23, 1973.
Section 35:1-b – Reserve Fund for Education of Persons with Disabilities.
35:1-b Reserve Fund for Education of Persons with Disabilities. – Any school district may establish a reserve fund under RSA 35:1 to meet the expenses of educating children with disabilities. Source. 1983, 106:1. 1990, 140:2, III, X, eff. June 18, 1990. 2008, 274:31, eff. July 1, 2008.
Section 35:1-c – Non-Capital Reserve Funds Authorized.
35:1-c Non-Capital Reserve Funds Authorized. – Any town, school district, county, or village district may establish a reserve fund for the maintenance and operation of a specific public facility or type of facility, a specific item or type of equipment, or for any other distinctly-stated, specific public purpose that is not foreign to its […]
Section 35:2 – Custody of School District Reserves.
35:2 Custody of School District Reserves. – Whenever any capital reserve of a school district is established the same shall be held in custody by the trustees of trust funds of the town wherein the school district lies or, in case of school district embracing 2 or more towns, by the trustees of trust […]
Section 35:3 – Meetings.
35:3 Meetings. – Except as provided in RSA 35:7, the authority granted by RSA 35:1 shall be exercised only by a majority vote of the legal voters present and voting at an annual or special meeting in the case of a town, school district, or village district. The warrant for a town, school district, […]
Section 35:4 – Exception.
35:4 Exception. – The authority hereby granted shall not be exercised by any city, except as may be necessary in connection with the authority granted by RSA 35:7. Source. 1943, 160:3, eff. May 5, 1943.