MHHS · Municipal Government Act
Part 8 — Financial Administration
243 Contents of operating budget
each of the following expenditures and transfers:
(a) the amount needed to provid e for the council's policies and
programs;
(b) the amount needed to pay the debt obligations in respect of
borrowings made to acquire, construct, remove or improve
capital property;
RSA 2000
Section 243 MUNICIPAL GOVERNMENT ACT Chapter M-26
178
(b.1) the amount of expenditures and transfers needed to meet the
municipality's obligations as a member of a growth
management board;
(c) the amount needed to meet t he requisitions or other amounts
that the municipality is required to pay under an enactment;
(c.1) the amount of expenditures and transfers needed to meet the
municipality's obligations for services funded under an
intermunicipal collaboration framework;
(d) if necessary, the amoun t needed to provide for a
depreciation or depletion allowance, or both, for its
municipal public utilities as defined in section 28;
(e) repealed 2022 c16 s9(54);
(f) the amount to be transferred to the capital budget;
(g) the amount needed to recover any shortfall as required under
section 244.
(2) An operating budget must include the estimated amount of
each of the following sources of revenue and transfers:
(a) property tax;
(b) business tax;
(c) business improvement area tax;
(c.1) community revitalization levy;
(d) special tax;
(e) well drilling equipment tax;
(e.1) clean energy improvement tax;
(f) local improvement tax;
(f.1) community aggregate payment levy;
(g) grants;
(h) transfers from the municipality's accumulated surplus funds
or reserves;
(i) any other source.
RSA 2000
(3) The estimated revenue and transfers under subsection (2) must
be at least sufficient to pay the estimated expenditures and transfers
under subsection (1).
(3.1) For the purposes of subsection (3), the estimated
expenditures referred to in that subsection do not include any
amortization of tangible capital assets unless the amortization is an
amount required to provide for amortization of the tangible capital
assets of a municipality's municipal public utilities as defined in
section 28.
(4) The Minister may make regulations respecting budgets and that
define terms used in this section that are not defined in section 241.
RSA 2000 cM-26 s243;2005 c14 s3;2015 c8 s34;
2016 c24 s19.1;2017 c13 ss1(19),2(5);2018 c6 s3;
2022 c16 s9(54)