N.H. Admin. Code § Rev 1704.07

Current through Register No. 1, January 2, 2025

Section Rev 1704.07 - Revenue from Miscellaneous Sources

(a) Account 3500, "Special Assessments," shall be for amounts levied against certain properties to defray all or part of the cost of specific capital improvements or services deemed to benefit primarily those properties.

(b) Account 3501, "Sale of Municipal Property," shall be for proceeds from the sale of any municipal property.

(c) Account 3502, "Interest on Investments," shall be for revenue received as compensation for the use of the municipality's financial resources over a period of time.

(d) Account 3503, "Rents of Property," shall be for revenue received as compensation for the use of the municipality's assets.

(e) Account 3504, "Fines and Forfeits," shall be for revenue received from fines, penalties, and forfeits imposed for:

(1) The commission of statutory offenses;

(2) Violation of:

a. State administrative rules;

b. Federal regulations;

c. Enforceable local ordinances; or

d. Any combination of a. through c.;

(3) Neglect of official duty; and

(4) Confiscating deposits held as performance guaranties.

(f) Account 3506, "Insurance Dividends and Reimbursements," shall be for:

(1) Monies returned from insurance premiums paid in a prior period; or

(2) Claims for which the expenditure was incurred in prior period.

(g) Account 3508, "Contributions and Donations," shall be for revenue provided by private or public contributions.

(h) Account 3509, "Revenue from Other Miscellaneous Sources Not Otherwise Classified," in (a) through (g) above.

N.H. Admin. Code § Rev 1704.07

#6335, eff 9-24-96 (from Rev 1706); ss by #8179, eff 9-24-04; ss by #10214, eff 10-24-12

Amended by Volume XLII Number 49, Filed December 8, 2022, Proposed by #13489, Effective 11/15/2022, Expires 11/15/2032 (see Revision Note at chapter heading for Rev 1700)