New Hampshire Statutes
§ 195:7 — Costs of Capital Outlay and Operation
New Hampshire § 195:7
This text of New Hampshire § 195:7 (Costs of Capital Outlay and Operation) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.H. Rev. Stat. Ann. § 195:7 (2026).
Text
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
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Legislative History
1951, 213:1, par. 7. RSA 195:7. 1955, 334:9. 1959, 195:1. 1961, 206:4. 1996, 158:5; 222:15. 1999, 17:37, eff. April 29, 1999; 281:5, eff. July 16, 1999.
Nearby Sections
15
§ 195:1
Definitions§ 195:10
Disposal of Property§ 195:11
Continuance of Trust Funds§ 195:11-a
Capital Reserves and Cash Balances§ 195:12
Budget§ 195:12-a
Budget Committee§ 195:13
Meetings, Annual, Special§ 195:14
Certification of District Taxes§ 195:15
State Aid§ 195:15-a
Building Aid§ 195:16
Enlargement of Territory§ 195:16-a
Increase or Decrease in Grades§ 195:16-b
Power of Eminent DomainCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 195:7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/195%3A7.