PORTSMOUTH — The School Committee plans to decide Monday whether to sue the town to recover a portion of the $1.1 million in revenue cut by voters at a special Financial Town Meeting in August.

Sylvia Wedge, president of the committee, said there was a growing urgency to move forward with the vote, even though she learned yesterday that two newly elected Republican members of the Committee would not be part of the deliberations.

Even if the Republicans, who oppose legal action, were seated on the committee, the four-member Democratic majority on the seven-member School Committee has the votes to file suit. Because the state Board of Elections has not yet scheduled a recount of balloting for the Town Council, as requested by one candidate, new members of the council and the School Committee cannot be sworn in before Dec. 4 at the earliest.

By voting on Nov. 27, the School Committee will already have exceeded by one week the deadline for notifying state officials of its corrective action plan for balancing its budget, Wedge said.

She said she did not want to delay the decision any longer.

“We have a budget deficit, which is illegal” under state law, Wedge said.

Moreover, the School Committee is scheduled to begin budget deliberations for the 2007-2008 school year in about a month, “and we don’t have an ’06-’07 budget,” she said.

“We need a starting point” for figuring expenses for the next fiscal year, Wedge said

Yesterday was the deadline for notifying the state Office of Municipal Affairs of a corrective action plan to resolve the budget deficit.

If the committee votes to file suit, as expected, it would satisfy the state’s immediate requirements for such a plan.

Besides Wedge, the other Democrats on the committee are E. Richard Carpender, Marjorie Levesque and Terri Cortvriend.

The lone Republican incumbent is Douglas Wilkie. Republicans elected to the committee Nov. 7 are Michael Buddemeyer and Jamie R.B. Heaney. Efforts to reach Buddemeyer and Heaney were unsuccessful yesterday.

Buddemeyer and Heaney were to have been sworn in Monday, but the ceremony had been scheduled on the assumption that the state Board of Elections would have completed its recount of votes cast for Town Council candidates this week.

A recount of votes cast for seven council seats was requested by Mark Katzman, a Democrat who fell 24 votes shy of winning a seat.

The recount must be completed before the Canvassing Authority can certify the results for both Town Council and School Committee.

And according to the Town Charter, Town Council and the School Committee members-elect can be sworn in only on the Monday after their elections are certified.

If the recount and certification are completed next week, the new officeholders can be sworn in Dec. 4, according to Town Clerk Kathleen Viera-Beaudoin.

She said the Town Council also plans to meet Monday without its new members, although “the agenda will be light.”