This RSA section is an unofficial mirror, is not legal advice, and may be incomplete, outdated, or incorrectly processed.

RSA 33:5-a · Water Works

Title: III: TOWNS, CITIES, VILLAGE DISTRICTS, AND UNINCORPORATED PLACES
Chapter: 33 · MUNICIPAL FINANCE ACT
Status: current
Official source linked: Yes

Official source Copy section link

33:5-a Water Works. – Municipalities may incur debt for supplying the inhabitants with water or for the construction, enlargement, or improvement of water works, by the issue of bonds or notes, for such purposes, as set forth in this chapter; provided, however, that such municipalities shall not incur debt for such purposes to an amount, at any one time outstanding, exceeding 10 percent of their last locally assessed valuation as last equalized by the commissioner of revenue administration determined as provided in RSA 33:4-b. Any municipality which shall have received orders from the department of environmental services under the provisions of RSA 485 requiring the alteration, enlargement, or application of any other improvement in such facilities as will ensure fitness and safety and adequate protection of the public health may incur debt thereof by the issue of bonds or notes outside the limit prescribed herein. All debt authorized by this section, inasmuch as it is all excluded from the definition of "net indebtedness" in RSA 33:1, shall at no time be included for the purpose of calculating the borrowing capacity of the municipality for other purposes. The debt limits established by this section may be exceeded by a municipality in accordance with the procedure prescribed in and subject to the provisions of RSA 33:6. Source. 1957, 142:2. 1973, 544:8. 1986, 202:6, I(a), eff. Jan. 2, 1987. 1996, 228:13, eff. July 1, 1996.

Copy link

Source note

Source. 1957, 142:2. 1973, 544:8. 1986, 202:6, I(a), eff. Jan. 2, 1987. 1996, 228:13, eff. July 1, 1996.

Source history

1957, 142:2
1973, 544:8
1986, 202:6, I(a), eff. Jan. 2, 1987
1996, 228:13, eff. July 1, 1996

Related materials

Bill relationships

2026 HB1066 amend
3, VI(b)to read as follows: (b) Calls for an appropriation of an amount to be raised for a lease under RSA 33:7-e or RSA 33:7-f, or by the issuance of bonds or notes pursuant to RSA 33; or 3 Towns, Cities, Village Districts, and Unincorporated Places; Municipal Budget Law; Budget Preparation. Amend RSA 32:5, I to read as follows: I. The governing body, or the budget committee if there is one, sha
2026 HB1066-FN amend
3, VI(b)to read as follows: (b) Calls for an appropriation of an amount to be raised for a lease under RSA 33:7-e or RSA 33:7-f, or by the issuance of bonds or notes pursuant to RSA 33; or 3 Towns, Cities, Village Districts, and Unincorporated Places; Municipal Budget Law; Budget Preparation. Amend RSA 32:5, I to read as follows: I. The governing body, or the budget committee if there is one, sha
2026 HB1427 amend · effective 2027-01-01
e use of bonds to only true emergencies and extraordinary circumstances, and not as a substitute for fiscal discipline. 3 New Section; Limitations on Bonding Authority. Amend RSA 33 by inserting after section 3-g the following new section: 33:3-h Limitations on Bonding Authority. I. For the purposes of this section: (a) “Declared emergency” shall include, but not be limited to, emergenc
2026 HB1427-FN amend · effective 2027-01-01
e use of bonds to only true emergencies and extraordinary circumstances, and not as a substitute for fiscal discipline. 3 New Section; Limitations on Bonding Authority. Amend RSA 33 by inserting after section 3-g the following new section: 33:3-h Limitations on Bonding Authority. I. For the purposes of this section: (a) “Declared emergency” shall include, but not be limited to, emergenc
2026 HB1495 related
be recognized as revenue. Note proceeds shall only be used for the same purpose as the anticipated funds. Any borrowing under this section shall be exempt from the provisions of RSA 33, relative to debt limits. 2 Effective Date. This act shall take effect upon its passage. HELPFUL LINKS Redistricting Information Ethics Committee Statutory/Study Committees Voting Records Past Member Legislatio
2026 HB1835 amend
department of revenue administration stating the specific amount of borrowing to be recognized as revenue. Any borrowing under this section shall be exempt from the provisions of RSA 33, relative to debt limits. 3 Setting of Tax Rates; Distribution. Amend RSA 21-J:35, VII(d) to read as follows: (d) Department of education: federal forest land aid pursuant to RSA 227-H:20 through RSA 227-H:22,
2026 HB1835-FN amend
department of revenue administration stating the specific amount of borrowing to be recognized as revenue. Any borrowing under this section shall be exempt from the provisions of RSA 33, relative to debt limits. 3 Setting of Tax Rates; Distribution. Amend RSA 21-J:35, VII(d) to read as follows: (d) Department of education: federal forest land aid pursuant to RSA 227-H:20 through RSA 227-H:22,
2026 SB493 add
of a cyanobacteria mitigation and water quality protection contingency and reserve fund adopted by a village district, the agreement may establish a common bonding authority under RSA 33. The village district may apply for funds available under RSA 487:15 through 25, RSA 485-A:58 through 61, and any other state or federal sources. 4 Definitions; Cyanobacteria Mitigation and Water Quality Protection