Policy: DC
Taxing and Borrowing Authority/Limitations
No funds will be borrowed for capital building projects or
other major capital items without the expressed approval of
the School District electorate as determined by a vote of
the School District at an annual or special School District
meeting in accordance with the Municipal Finance Act.
ADOPTED: 10 December 1998
Statutory Reference:
RSA Ch. 33 (Municipal Finance Act)
