Local Tax Cap Based on Fixed Dollar Amount or Fixed Percentage
Towns and school districts may adopt a local tax cap to help impede tax increases.
Petition Process
- Towns
-
The minimum number of signatures needed is “25 or more registered voters or 2 percent of the registered voters in town, whichever is less, although in no event shall fewer than 10 registered voters be sufficient”.
RSA 39:3
- School Districts
-
The minimum number of signatures needed is “25 or more voters or 2 percent of the voters of the school district, whichever is less, although in no event shall fewer than 10 registered voters be sufficient”.
RSA 197:6
Article Structure
RSA 32:5-c“Shall we adopt the provisions of RSA 32:5-b, and implement a tax cap whereby the governing body (or budget committee) shall not submit a recommended budget that increases the amount to be raised by local taxes, based on the prior fiscal year’s actual amount of local taxes raised, by more than _____ (insert either a fixed dollar amount or a fixed percentage)?”
Examples
Shall we adopt the provisions of RSA 32:5-b, and implement a tax cap whereby the governing body (or budget committee) shall not submit a recommended budget that increases the amount to be raised by local taxes, based on the prior fiscal year’s actual amount of local taxes raised, by more than $100?
Shall we adopt the provisions of RSA 32:5-b, and implement a tax cap whereby the governing body (or budget committee) shall not submit a recommended budget that increases the amount to be raised by local taxes, based on the prior fiscal year’s actual amount of local taxes raised, by more than 3%?