A School Board subcommittee had developed a capital improvement plan to address the Newfound school district’s building needs over a 10-year period, and the School Board adopted the plan last May. Under the Municipal Budget Law, adoption of a capital improvement plan requires a three-fifths affirmative vote in an Official Ballot Act community. If they vote the proposed budget down, they should not still be facing that cost in the default budget, he said. The Budget Committee is supporting a $23,813,595 operating budget which, if defeated, would result in a $23,535,833 default budget. If, for instance, the administration subtracted the roof project from its proposed budget, it also would be subtracted from the default budget.
Source: Daily Sun February 28, 2018 05:26 UTC