Some debt exclusion information for your reading.
From Annual Town meeting of 2007:


Article 26.
To see if the Town will vote to raise and appropriate the sum of Three Hundred Seventy-One Thousand, Four Hundred Eighty Dollars ($371,480.00) for payment of the long-term debt for the expansion and renovation of the Narragansett Regional High School/Narragansett Middle School in accordance with a debt exclusion voted on January 22, 1996, or to take any other action relative thereto.
Submitted by the Narragansett Regional School District Committee
On a motion duly made and seconded the Town voted to raise and appropriate the sum of Three Hundred Seventy-One Thousand, Four Hundred Eighty Dollars ($371,480.00) for payment of the long-term debt for the expansion and renovation of the Narragansett Regional High School/Narragansett Middle School in accordance with a debt exclusion voted on January 22, 1996.

Passed Unanimously/May 16th @ 8:46

Article 27.
To see if the Town will vote to approve a Two Hundred Fifty Thousand Dollars ($250,000.00) borrowing by the Narragansett Regional School District for the purpose of paying costs of replacing roofs at the High School/Middle School Complex, which approval shall be contingent upon a vote of the Town to exclude the amounts required to repay the Town’s share of any such debt from the limitations of Chapter 59, Section 21C of the General Laws, or to take any other action relative thereto.
 Submitted by the Narragansett Regional School District Committee

A motion was duly made and seconded to move the question. Passed Unanimously/May 16th @ 8:55 On a motion duly made and seconded the Town voted to approve the Two Hundred Fifty Thousand Dollars ($250,000.00) borrowing by the Narragansett Regional School District for the purpose of paying costs of replacing roofs at the High School/Middle School Complex, which approval shall be contingent upon a vote of the Town to exclude the amounts required to repay the Town’s share of any such debt from the limitations of Chapter 59, Section 21C of the General Laws.

Passed/May 16th @ 8:55  (MGL chapter 59, section 21c is prop 2 1/2)

Not a debt exclusion but an interesting article:

Article 28.
To see if the Town will vote to authorize the establishment of a Stabilization Fund in accordance with M.G.L. Chapter 71, Section 16G ½, which provides authorization for the Narragansett Regional School District to maintain said fund to include providing for a deposit for the fund in its annual budget and to appropriate from the fund by a two-thirds vote of all of the members of the Regional School District Committee, or to take any other action relative thereto.
 Submitted by the Narragansett Regional School District Committee

On a motion duly made and seconded the Town voted to authorize the establishment of a Stabilization Fund in accordance with M.G.L. Chapter 71, Section 16G ½, which provides authorization for the Narragansett Regional School District to maintain said fund to include providing for a deposit for the fund in its annual budget and to appropriate from the fund by a two-thirds vote of all of the members of the Regional School District Committee.

Passed/May 16th @ 9:00

posted by Jeff Bennett