Meeting Thursday to discuss impacts of education funding changes in AllenstownBy MELISSA PROULX
Union Leader Correspondent
December 12. 2017 3:39PM
ALLENSTOWN - Town officials and state legislators will be discussing the impacts of changes in education funding for the town on Thursday.
Starting this year, the amount of education stabilization funding is expected to drop by 4 percent each year until it is eventually eliminated in 2032.
According to town officials, Allenstown receives the largest amount of stabilization funding as a portion of its budget than any other community in the state.
The budget committee, along with the school board and board of selectmen, will be discussing the matter with Sen. John Reagan, R-Deerfield, Rep. Alan Turcotte of Allenstown and Rep. Carol McGuire of Epsom.
The meeting will be held at 6 p.m., Thursday, Dec. 14, in the media center at the Armond Dupont School, 10.5 School St.
Also expected to be discussed is House Bill 525, which will be voted on by representatives in January and calls for getting rid of the 4 percent reduction.
With the decrease in funding, residents will need to pay additional property taxes to help cover the lost state funding.