New Hampshire policy, followed through to the outcome.
Bill
Legislation allowing voters to limit growth in the local school property-tax levy, adjusted for inflation and new construction, and capping school administrative unit central-office spending at 6 percent of the combined appropriations of the districts within the SAU.
So New Hampshire has a formula designed to compensate for differences in fiscal capacity while simultaneously relying increasingly on the revenue source whose capacity varies most dramatically from town to town. That tension is at the center of the funding debate.
HB 1300 limits growth in the local school tax levy and caps SAU central-office spending. Neither provision identifies a cost the district stops owing.
