Oyster River Cooperative School District
Annual School District Meeting -- 1999

To the inhabitants of the Oyster River Cooperative School District of Durham, Lee, and Madbury qualified to vote upon District affairs:

You are hereby notified to meet at the Oyster River High School in said district on the 2nd day of February, 1999, at 7:00 o'clock in the evening for Session I of the Annual School District Meeting for discussion of Articles 3 through 10 and for any amendments thereto.

Official ballot voting for school district officers (articles 1 and 2) and on articles 3 - 10 will occur at town polling locations on Tuesday, March 9, 1999:

Town of Durham8:00 a.m. to 8:00 p.m.
Town of Lee8:00 a.m. to 7:00 p.m.
Town of Madbury11:00 a.m. to 8:00 p.m.

Article 1: To choose a Moderator for the coming year.

Article 2: To choose two at-large School Board members for the ensuing three years.

Article 3: Shall the School District raise and appropriate the sum of $19,724,705 for the partial reconstruction, enlargement, renovation and equipping of the high school, said sum to be in addition to any federal, state, or private funds made available therefore; and authorize the issuance of not more than $19,724,705 of bond or notes in accordance with the provisions of the Municipal Finance Act (RSA Chapter 33); and authorize the School Board to issue and negotiate such bonds or notes and to determine the rate of interest thereto; or take any action relative thereto? Furthermore, shall the School District raise and appropriate the additional sum of $532,408 for the payment of the first year's interest on the bonds or notes authorized by this article?

Article 4: Shall the District raise and appropriate the sum of $15,000 and authorize the purchase of approximately 2.5 acres of land on Bagdad Road adjacent to the high school property on such terms and conditions as the School Board deems are in the best interests of the District? Said sum to be offset by the proceeds generated by the sale of the Orchard Drive property authorized by a vote of the District at the 1997 School District Meeting?

Article 5: Shall the District vote to approve within the provisions of New Hampshire RSA 273-A:3 the cost items included in the collective bargaining agreement reached with the Oyster River Teachers' Guild which calls for the following increases in salaries and benefits over the prior year:

	1998 - 99 		$0
	1999 - 00		$454,390

	2000 - 01		the increase will range from 2% to 5% based 
	2001 - 02		on the increase in the cost of living for the 
	2002 - 03		previous 12 months
and further to raise and appropriate the sum of $454,390 in 1999 -2000 for the additional costs attributable to the increases in salaries and benefits over those paid in the prior fiscal year?

Article 6: Shall the District create an expendable trust fund under the provisions of RSA 198:20-c, to be known as the Special Education Fund, for the purpose of meeting unanticipated special education costs? Furthermore, to name the School Board as agents to expend from this fund, and to raise and appropriate up to $50,000 towards this purpose, with such amount to be funded from the year end undesignated fund balance?

Article 7: Shall the District vote to establish a capital reserve fund under the provisions of RSA 35:1 to be known as the Facilities Development Capital Reserve Fund for the purpose of future development of facilities to meet the needs of the Oyster River Cooperative School District, and to designate the School Board as agents to expend from said Capital Reserve Fund; and further raise and appropriate an amount not to exceed $125,000 to be added to this fund with such amount to be funded from the year-end fund balance available on July 1? Said sum represents the balance of the proceeds to be generated by the sale of the Orchard Drive property authorized by a vote of the District at the 1997 School District Meeting.

Article 8: Submitted by twenty-five or more qualified voters: "Shall the District raise and appropriate the sum of ten thousand dollars ($10,000) to be deposited in the existing expendable trust fund known as "Track Fund - District Support"?"

Article 9: Submitted by twenty-five or more qualified voters: "Shall all such costs [capital outlay and operations of the cooperative school district] be apportioned on the basis of the ratio that the equalized valuation of each pre-existing district bears to that of the cooperative district?"

[Replaced by:] Shall the School Board, subsequent to the adoption of the education funding plan by the State of NH, study all 3 funding formulas for apportioning the capital outlay and operations of the cooperative school district puruant to RSA 195:7 including under option 3 that all costs be apportiond on a per student basis, and then hold a public hearing to discuss its findings and to seek public response.

Article 10: Shall the School District raise and appropriate as an operating budget, not including appropriations by special warrant article, the amount set forth on the budget posted with the warrant, for the purposes set forth therein, totaling $19,247,325, distributed as follows: Fund 10 = $18,216,025 (regular operating budget); Fund 22 = $497,300 (expenditures from federal/special revenues); Fund 21 = $534,000 (expenditures from food service revenues)? Should this article be defeated, the budget shall be $18,812,897, which is the same as last year, with certain adjustments required by previous action of the school district, or by law, or the school district may hold one special meeting in accordance with RSA 40:13, X and XVI to take up the issue of a revised operating budget only?


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Last update on 29-Mar-99 at 9:27 PM.

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