Category Archives: financial district

Newport Moves Forward to One Financial District

Newport nh mapThe Town of Newport and the Newport School District are moving forward on plans for a one financial house.  School district superintendent Cindy Gallagher said she and Business Manager Terry Wiggins have been crunching numbers for preparation of a meeting with Newport Select Board next week. Gallagher said it is important meeting.

The town and school district hope to share some services as well as paying for only one Finance Director.

A meeting to present the plan to public is tentatively scheduled for Monday, Oct. 24 at 6:30 pm in the Lou Thompson room at the Sugar River Valley Regional Technical Center on North Main Street.

Newport Financial District One Step Closer

financial districtA financial district for Newport is one-step closer to becoming a reality according to Sullivan- District 09 Representative Virginia Irwin. The town had requested legislation from its state reps but the final request from the town came to too late for representatives to submit, but not too late for the Senate.

Irwin said there are lot of districts and towns that are interested in the legislation.

The legislation will be for the January session. If passed it will be called enabling legislation so that at any town and school district could take advantage of the law if they need it. Currently finances for school districts are under education law and town finances are under municipal law.