This bill amends Chapter 80 of the Public Laws of 1965, which pertains to the formation of a Regional School District between the Towns of Exeter and West Greenwich, Rhode Island. Key changes include the method of determining compensation for committee members, which will now be decided by an all-day referendum instead of a regional school district financial meeting. The composition of the regional district school building committee is reduced from twelve to eight members, with four members from each town. Additionally, the method of selection for committee members is modified, reducing the number of ex officio members and specifying the appointment process for one town council member and two residents from each town.

The bill introduces a phased-in five-year rolling enrollment average for the apportionment of construction and operating costs, starting in the 2023 fiscal year. This new calculation method will ensure that costs are distributed based on a more stable average of pupil enrollments over multiple years. The apportionment for the 2023 fiscal year will be determined by the pupil enrollment on October 1 of that year, and in subsequent years, the average will include the most recent five consecutive fiscal years of enrollment data.

Furthermore, the process for amending the agreement is revised, lowering the petition requirement from 10% to 5% of registered voters and establishing a charter review subcommittee to evaluate proposed amendments. This subcommittee will consist of members from both towns and will ensure that only proposals approved by a majority vote of the subcommittee are considered by the regional district school committee. The bill aims to streamline the governance and financial management of the regional school district while ensuring equitable representation and participation from both towns.