New Hampshire Revised Statutes 195:7 – Costs of Capital Outlay and Operation
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I. If a cooperative school district was organized prior to July 1, 1963, during the first 5 years after the formation of a cooperative school district each preexisting district shall pay its share of all capital outlay costs and operational costs in accordance with either one of the following formulas as determined by a majority vote of the cooperative district meeting:
(a) All such costs shall be apportioned on the basis of the ratio that the equalized valuation of each preexisting district bears to that of the cooperative district; or
(b) One-half of all such costs shall be apportioned on the basis of the ratio that the equalized valuation of each preexisting district bears to that of the cooperative district and
1/2 shall be apportioned on the average daily membership for the preceding year.
(c) Some other formula offered by the cooperative school board with the board’s recommendation, adopted by the cooperative school district and approved by the state board of education.
II. Home education pupils who do not receive services from the cooperative school district, except an evaluation pursuant to N.H. Rev. Stat. § 193-A:6, II, shall not be included in the average daily membership relative to apportionment formulas.
(a) All such costs shall be apportioned on the basis of the ratio that the equalized valuation of each preexisting district bears to that of the cooperative district; or
Terms Used In New Hampshire Revised Statutes 195:7
- Cooperative school board: shall mean a school board serving a cooperative school district. See New Hampshire Revised Statutes 195:1
- Cooperative school district: means a district composed of 2 or more school districts of the state associated together under the provisions of this chapter and may include either the elementary schools, the secondary schools, or both. See New Hampshire Revised Statutes 195:1
- following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
- Valuation: shall mean the valuation as determined by the commissioner of revenue administration for debt limits, under the provisions of RSA 33. See New Hampshire Revised Statutes 195:1
(b) One-half of all such costs shall be apportioned on the basis of the ratio that the equalized valuation of each preexisting district bears to that of the cooperative district and
1/2 shall be apportioned on the average daily membership for the preceding year.
(c) Some other formula offered by the cooperative school board with the board’s recommendation, adopted by the cooperative school district and approved by the state board of education.
II. Home education pupils who do not receive services from the cooperative school district, except an evaluation pursuant to N.H. Rev. Stat. § 193-A:6, II, shall not be included in the average daily membership relative to apportionment formulas.