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RSA 198:4-d · Reports Required; Cities and School Districts

Title
XV: EDUCATION
Chapter
198 · SCHOOL MONEY
Status
current
Official source linked
Yes
Official source Copy section link

198:4-d Reports Required; Cities and School Districts. – The governing body of each city, school district, and chartered public school shall submit to the commissioner of the department of education the following reports pursuant to rules adopted under RSA 541-A by the commissioner of revenue administration which establish the form and content of such reports:

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I.

A report filed by the governing body of each city, school district, and chartered public school shall certify the appropriations voted by the meeting of the appropriate legislative body, whether city council, mayor and council, or mayor and board of aldermen, or by each annual or special school district meeting, along with estimated revenues. This report shall be filed within 20 days of the close of the meeting.

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II.

A report filed by the governing body of each city, school district, and chartered public school shall revise all the estimated revenues for the year. This report shall be filed by September 1 of each year. The revised estimates by school districts for the adequate education grants calculated under RSA 198:41 shall be considered the most accurate within 5 percent of the amount estimated pursuant to RSA 198:40-a.

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III.

A financial report for each city, school district, and chartered public school shall be filed showing the summary of receipts and expenditures, according to uniform classifications, during the preceding fiscal year, and a balance sheet showing assets and liabilities at the close of the year. This report shall be submitted on or before September 1 of each year. Each statistical report submitted under this section shall include a certification signed by the chairperson of the school district's governing body or the chairperson of the board of trustees of approved public academies that states: "I certify, under the pains and penalties of perjury, to the best of my knowledge and belief, that all of the information contained in this document is true, accurate and complete." III-a. The department of education and the department of revenue administration together shall develop and maintain school accounting standards which shall be used by districts and chartered public schools for financial reporting purposes.

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IV.

The budget committee in school districts operating under the municipal budget law shall file the budget within 20 days of the close of the annual or special meeting.

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V.

If a city or school district or chartered public school is audited by an independent public accountant, it shall submit a copy of the audited financial statements in accordance with RSA 21-J:19, III.

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VI.

If a city or school district is audited under RSA 671:5, the procedures in RSA 41:31-a through 41:31-d shall be followed. Source. 1989, 357:4. 1998, 389:3, 4, eff. Oct. 1, 1998. 2010, 262:3, eff. Sept. 4, 2010. 2012, 198:7, eff. July 1, 2012. 2016, 8:12, eff. Mar. 16, 2016. 2021, 44:5, eff. May 17, 2021. 2025, 141:401, eff. July 1, 2025.

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Source note

Source. 1989, 357:4. 1998, 389:3, 4, eff. Oct. 1, 1998. 2010, 262:3, eff. Sept. 4, 2010. 2012, 198:7, eff. July 1, 2012. 2016, 8:12, eff. Mar. 16, 2016. 2021, 44:5, eff. May 17, 2021. 2025, 141:401, eff. July 1, 2025.

Source history

  • 1989, 357:4
  • 1998, 389:3, 4, eff. Oct. 1, 1998
  • 2010, 262:3, eff. Sept. 4, 2010
  • 2012, 198:7, eff. July 1, 2012
  • 2016, 8:12, eff. Mar. 16, 2016
  • 2021, 44:5, eff. May 17, 2021
  • 2025, 141:401, eff. July 1, 2025

Related materials

Bill relationships

  • 2026 HB121 repeal

    re independent auditors pursuant to RSA 21-J:19. 9 Repeal. The following are repealed: I. RSA 193-H:5, relative to power of the department of education to take control of daily operations of local schools. II. RSA 198:4-d, VI, relative to school money; reports required. 10 Effective Date. This act shall take effect upon its passage. LBA 25-0090 03/10/2026 HB 121-FN- FISCAL NOTE AS AMENDED BY THE HOUSE (AMENDMENTS #2025-3086h an

  • 2026 HB121-FN amend

    for Failure to File a Report. Amend RSA 198:4-f, I to read as follows: I. A school district, city, chartered public school, or public academy shall file the reports due under RSA 198:4-d[, III] no later than September 1 of each year. 6 New Paragraph; School Money; Penalty for Failure to File Report. Amend RSA 198:4-f by inserting after paragraph III the following new paragraph: IV. A school distr

  • 2026 HB1799 amend · effective 2026-11-01

    t paid for items of current education expense as determined by the department of education. 7 New Section; Education; School Money; Adequate Education Funding Commission. Amend RSA 198 by inserting after section 39 the following new section: 198:39-a Adequate Education Funding Commission. I. There is established a commission to study and identify, consistent with RSA 193-E:1, transition and re

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    t paid for items of current education expense as determined by the department of education. 7 New Section; Education; School Money; Adequate Education Funding Commission. Amend RSA 198 by inserting after section 39 the following new section: 198:39-a Adequate Education Funding Commission. I. There is established a commission to study and identify, consistent with RSA 193-E:1, transition and re

  • 2026 HB1824 amend

    acted by the Senate and House of Representatives in General Court convened: 1 New Sections; School District Financial Distress; State Assistance; Municipal Assistance. Amend RSA 198 by inserting after section 20-d the following new sections: 198:20-e School District Financial Distress; State Assistance. This section provides for the financial recovery of school districts that are in financial

  • 2026 HB1824-FN amend

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  • 2026 HB292 reference · effective 2030-07-01

    onthly deficit, status, cashflows, audits and status of any outstanding audits to the treasury, the department of revenue and the department of education, and timely submit all required reports consistent with RSA 198:4-d to the department of education. When an adequacy payment is due to be distributed pursuant to RSA 198:42: I. The portion of the adequacy payment equivalent to the outstanding principal and interest balance of

  • 2026 HB292-FN reference · effective 2030-07-01

    ows, audits and status of any outstanding audits to the treasury, the department of revenue and the department of education, and timely submit all required reports consistent with RSA 198:4-d to the department of education. When an adequacy payment is due to be distributed pursuant to RSA 198:42: I. The portion of the adequacy payment equivalent to the outstanding principal and interest balance of the r

  • 2026 HB563 amend · effective 2026-07-01

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  • 2026 HB563-FN amend · effective 2026-07-01

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  • 2026 HB772 amend · effective 2025-07-01

    partment of revenue administration the information needed to set tax rates. 6 New Sections; Determination of Foundation Opportunity Budget Local Share; Transition Grants. Amend RSA 198 by inserting after section 41 the following new sections: 198:41-a Determination of Foundation Opportunity Budget Local Share. I. Each municipality shall annually appropriate for the support of public schools in t

  • 2026 HB772-FN amend

    partment of revenue administration the information needed to set tax rates. 6 New Sections; Determination of Foundation Opportunity Budget Local Share; Transition Grants. Amend RSA 198 by inserting after section 41 the following new sections: 198:41-a Determination of Foundation Opportunity Budget Local Share. I. Each municipality shall annually appropriate for the support of public schools in t