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FY¥2023 - Base Spending Cap Calculation

§/4f/22
Special Revenue Capital Project
Line No. Description Resolution# General Fund Funds Grant Funds THF District (s} Funds Enterprise Funds Total
“1 Adopted Budget:
2 FY22 Adopted Budget R-21-142 $ 368,438,438 $ 18,570,313 $ - $ 38,344,285 | 5 425,353,036
3 Adopted Budget Reclassification R-21-159 $77,411,477} § 77,411,477 $ ‘
4 Total Adopted Budget $ 291,026,961 | $ 18,570,313 $ 77,411,477 $ . $ 38,344,285 |$ 425,353,036
5 |
6 Suppl I Appropri: | I
? Transfer of Unanticipated Revenue to East Side Recreational Fac ities ETF R-21-158 96 $ 750.000 $ 750,000
8 _Transfer of Unanticipated Revenue to (B DA) Business & Industrial Authonty ETF R-21-160 = $ 250.000 $ 250,000
3 Authorizing the City to enter into.an agreeement with Liberty Utilities R-21-169 § 38.394 s 38,394
10 Repurpose of LED Street Light Bond Proceeds to DPW Sidewalk Infrasturcture Improvements R-21-187 s 440,225 $ 440,225
11 Solid Waste Department Bonding Resolution for Improvernents , Refuse Truck & Wheel Loader R-21-189 $ 1,859,440 | $ 1,859,440
12 Unanticipated Revenue sale of Burke Street Property R-21-190 | $ 3,650,000 $ 3,650,000
13 Repurpose of Broad St Parkway Bond Proceeds to DPW Facility Project R-21-191 $ 7.000.000 $ 2,000,000
14 OPW Faci ity Project $3 Mion Bond Resolution R-21-192 $ 3,600,000 $ 3,000,000
15 Bond Resolution Design & Construction of School Street Riverwa k R-21-193 $ 21,900,000 $ 21,000,000
16 Bond Resolution - Franklin Street School Bulld ng Improvements. R-22-016 $ 5.000,000 $ 5,000,000
17 Bend Resalution « te fund the second Five Year Phase of a Ten Year Pavernent Management Provect R-22-020 $ 37,500,000 $ 37,500,000
18 Transfer of Assigned Fund Ba ance te School District - Teachers Contract R-22-022 S$ 1,300,000 $ 1,300,000
ig Bond Resolution - Replacement and Upgrade of Radio Communications Equipment R-22-027 $ 3,700,000 $ 3,700,000
20 {
21
22 a
23 Total Suppl | Appropriations: $ 2,338,394 § $ S $ . $ 76,290,225 $ 1,859,440 | $ 80,488,059
24
25
26 Total Base Budget: 5 293,365,355 § 18,570,313 I$ 77,411,477 $ 76,290,225 | $ 40,203,725 | $ 505,841,095
27
28 S&LIPD - 3 Year Average 2.80%
29 I
S$ 520,004,646

S:\Finance\BUDGET\FY2023\Base Budget Calculation\FY2023 Base Budget Caleulation as of 5_9_2022

R-22-035

RESOLUTION

RELATIVE TO THE ADOPTION OF THE FISCAL YEAR 2023 PROPOSED BUDGET
FOR THE CITY OF NASHUA GENERAL, ENTERPRISE, SPECIAL REVENUE AND
GRANT FUNDS

CITY OF NASHUA

fn the Year Two Thousand and Twenty-Tiwo

RESOLVED by the Board of Aldermen of the City of Nashua that the Fiscal Year 2022
Proposed Budget tor the General Fund of the City of Nashua be and is hereby adopted, and that
the following amounts are hereby appropriated for the several accounts and for other needs of the
City of Nashua General Fund for the fiseal year beginning Juty |, 2022. and ending June 30,
2023, and for the purpose of Section 50-a et seq. of the Nashua Revised City Charter, as
amended, cach item of this budget shall be considered as a scparate apprepriation, The proposed
General Fund appropriation amount is $302,.998,903 with estimated Gencral Fund Revenues of
$72,322,078 including estimated state funding for education in the amount of $41,110,000.

That the Fiseal Year 2023 Proposed Budget for the Enterprise Funds of the City of
Nashua be and is hereby adopted, and that the following amounts are hereby appropriated for the
several accounts and for other needs of the City of Nashua Enterprise Funds for the fiscal year
bevinning July |, 2022 and ending June 30, 2023, and the purpose of Section 30-a ct seq. of the
Nashua Revised City Charter, as amended, cach item of this budget shall be considered as
sepurate appropriation. The propesed Enterprise Funds appropriation amount is $44,082,794
(inclusive of anticipated Capital Appropriations). with estimated Enterprise Funds Revenues of
$38.222,735 and any additional funding for capital and CSO-related expenditures from retained
carnings, bonding andor State Revel ving Fund Loans.

That the Fiscal Year 2023 Proposed Budect for the Special Revenue Funds of the City of
Nashua be and is hereby adopted, and that the following amounts are hereby appropriated for the
several accounts and for other needs of the City of Nashua Special Revenue Funds for the fiscal
year bexinning July £, 2022 and ending June 30, 2023. The proposed Special Revenue Funds
appropriation amount is $36,607,613 with estimated Special Revenue Funds Revenues of
$36,607,613 for the City of Nashua. The proposed Special Revenue Funds appropriation amount
is $22,974,364 with estimated Special Revenue Funds Revenues of $22,974,364 for the Nashua

School District.

RESOLUTION R-22-035

Neither the approval and adoption of this budget, or any appropriation contained herein,
or to any City department or agency, including the Nashua School District, whether as proposed
or amended, shall be decmed to mean that the City has approved any program or responsibility
for funding in accordance with Part 1, Article 28-a of the Constitution of the State of New
Hamnpshire. Notwithstanding any appropriation herein, the city hereby expressly declines to
approve funding for any program or responsibility for which it is entitled by law to payment
from the State of New Hampshire pursuant to Part 1, Article 28-a of the State Constitution,
whether it has previously been determined that the City is entitled to said funding or not.

Pursuant to NRO § 5-145, E, the accumulated sum of all appropriations of the FY¥2023
combined annual municipal budget pursuant to Nashua City Charter $56-c is $406,663,584. The
FY 2023 dollar amount under the limit established by City Charter Section 56-c is $113,341,062.
Please find attached the Combined Annual Municipal Budget Calculation for the FY 2023
Proposed Budget and the City of Nashua Charter and Related Laws pertaining to $56-c and $56-
d.

City of Nashua

Charter and Related Laws

§ 56-c. Limitation on budget increases 32

Recognizing that final tax rates for the City of Nashua are set by the New Hampshire
Department of Revenue Administration pursuant to RSA 21-J:35(1), the mayor, the board of
aldermen, and all departments in the City of Nashua including the mayor's office, aldermanic
office, legal department, administrative services division, community services division,
community development division, school department, public works division, fire department,
police department, public libraries, parking garages and cemeteries shall prepare their annual
budget proposals and the Board of Aldermen shall act upon such proposals in accordance with
the mandates in this paragraph

In establishing a combined annual municipal budget for the next fiscal year, the mayor and the
board of aldermen shall consider total expenditures not to exceed an amount equal to the
combined annual budget of the current fiscal year, increased by a factor equal to the average of
the changes in the Gross Domestic Product Implicit Price Deflator (IPD} for State and local
Government Consumption Expenditures and Gross Investment of the three (3) calendar years
immediately preceding budget adoption as published by the Bureau of Economic Analysis a:

This provision shall not prevent the mayor and the board of aldermen from establishing a
combined annual municipal budget below this limit

This provision shail not prevent the mayor and the board of aldermen from appropriately
funding any programs or accounts mandated to be paid from municipal funds by state and
federal

law.

§ 56-d. Exception to budget limitation34

The total or any part of principal and interest payments of any municipal bond, whether
established for school or municipal purposes, may be exempted from the limitation defined in
paragraph S6-c upon an affirmative vote of at least ten (10} a’dermen. This decision shall be
made annually.

In addition, capital expenditures deemed necessary by the mayor and the board of aldermen,
subject to recommendation by the capital improvements committee (ref. Paragraph 77- a of
the City Charter} may sim larly be exempted from this limitation upon an affirmative vote of at

least ten (10) aldermen.

City af Nashua Combined Budget Analysis to the
FY23 Proposed Budget

Combined Annual Municipal Budget Calculation (per Nashua City Charter § 56-c¢}

Descrinlion FY 2022 FY 2021
Appropriations
General Fund 4 791.026 YOol 5 307.998.903
Kuterprise Funds 38,344,285 $4,082,704
Spectral Revenue Funds (includes Grants) Se 95 981,790 39 581.997
Total Appropriations 425, 351.046 5 406,663,534
Supplemental Anproprialioaus
General Fare 2348 29d §
Enterprise Finda 1.350440 *
Capital Project Funas 76,200,235
Total Supplemental Appropriations 80,488,059 s :
Total Appropriations $05,841,095 $ 406,663,584
Spending Can Calculation
FY2022 Total Apprapriatians 3 425.353.036
Add FY2022 Supplearental Appropriations 30.4K8,059
FY 2022 Total Appropriations $ 505,841,095
Last 3-Years Annual Average S&L IPD 2.8%
Allowable Spending Over Proer Year Total Appropr ations $ 14,163,551
Mavinum Appropriations Allowed (Line 20 plus (ine 23) $ 520,004,646
Total Peoposid Appraps.tions - FY 2023 416.663 $8.1
Fotal Appropriations Under the Spendine Cap $ (113.341,062)

LEGISLATIVE YEAR 2022

RESOLUTION: R-22-035
PURPOSE: Relative to the adoption of the Fiscal Year 2023 proposed

budget for the City of Nashua general, enterprise, special
revenue, and grant funds

SPONSORIS): Mayor Jim Donchess
COMMITTEE
ASSIGNMENT: Budget Review Committee
FISCAL NOTE: The tax rate cannat be determined at this time. The entire budget 1s
a comprehensive package and each component impacts the tax
rate
ANALYSIS

this resolution adopts the Fiscal Year 2023 Budget for the City’s general, enterprise, special
revenue, and grant funds For the purpose of Section 50-a et seq of the Nashua Revised City
Charter, as amended, each item of this budget shall be considered as a separate appropriation.

A public hearing on the budget shall be held before its adoption by the Board of Aldermen with
at least seven days’ notice. Nashua City Charter § 36-a, NRO § 5-8.

Nashua City Charter § 56-b provides that the Board of Aldermen may reduce any item in the
mayor's budget by a mayonty vote, but an increase or addition requires a vote of two-thirds of
the members of the board. Court decisions concerning Nashua’s Charter sugyest thal a court
may find that this provision, when applicd to the budget resalution itself, is inconsistent with
state statutes and therefore unenforceable. See memorandum of Corporation Counsel dated
March 8, 2018.

The budget shall be finally adopted not later than Auuust |, 2022. Nashua City Charter § 56-b

Approved as to content, Financial Services Division
account structure, numbers, oe

4
Approved as to form:

Date: Ly LE, Zoes—

SPECIAL BOARD OF ALDERMEN

JUNE 13, 2022

7:00 P.M. or immediately following Human Affairs Committee Aldermanic Chamber and via Zoom

To Join Zoom meeting: https://us02web.zoom.us/j/86257449600?pwd=V21DUkMxLys3SEtX bnFFcHp5 Y2NJZz09
Meeting ID: 862 5744 9600 Passcode: 392868

To Join by Telephone: 1-929-205-6099
Meeting ID: 862 5744 9600 Passcode: 392868

If for some reason you cannot connect to Zoom, please contact us at (603) 589-3329 and they will help you
with connectivity. The public may also view the meeting via Channel 16.

PRESIDENT LORI WILSHIRE CALLS ASSEMBLY TO ORDER

PRAYER OFFERED BY DEPUTY CITY CLERK ALLISON WAITE

PLEDGE TO THE FLAG LED BY ALDERMAN-AT-LARGE MICHAEL B. O’BRIEN, SR.
ROLL CALL

NEW BUSINESS — RESOLUTIONS

R-22-039

Endorser: Alderman Patricia Klee
AUTHORIZING PENNICHUCK CORPORATION AND PENNICHUCK WATER WORKS, INC. TO
BORROW FUNDS FROM THE STATE OF NEW HAMPSHIRE REVOLVING LOAN FUND

DISCUSSION

e Spending Cap

ADJOURNMENT

R-22-039

RESOLUTION

AUTHORIZING PENNICHUCK CORPORATION AND PENNICHUCK WATER
WORKS, INC. TO BORROW FUNDS FROM THE STATE OF NEW HAMPSHIRE
REVOLVING LOAN FUND

CITY OF NASHUA

In the Year Two Thousand and Twenty-Two

WHEREAS, the City of Nashua is the sole shareholder of Pennichuck Corporation and
each of its subsidiaries;

WHEREAS, Article IX (3) of the Articles of Incorporation of Pennichuck Corporation
and Article V §2 of the by-laws of Pennichuck Corporation require the approval of the sole
shareholder (the City of Nashua) for Pennichuck to create, incur, assume, or guarantee any
indebtedness for borrowed money, which includes contracting a loan on behalf of the
Corporation; and

WHEREAS, Pennichuck Water Works, Inc. is a regulated New Hampshire public water
utility corporation providing retail water service to New Hampshire customers, and is a wholly
owned subsidiary of Pennichuck Corporation which, in turn, is wholly owned by the City of
Nashua.

NOW, THEREFORE, BE IT'RESOLVED by the Board of Aldermen of the City of
Nashua that the City approves the borrowing by Pennichuck Water Works, Inc. of up to
$300,000 from the State of New Hampshire pursuant to the State Revolving Loan Fund to fund
the Twin Ridge Interconnection Main project in Plaistow, NH, and the guaranty by Pennichuck
Corporation of the payment by Pennichuck Water Works, Inc. of said loan; and

FURTHER RESOLVED by the Board of Aldermen of the City of Nashua that the City
approves the borrowing by Pennichuck Water Works, Inc. of up to $240,000 from the State of
New Hampshire pursuant to the State Revolving Loan Fund to fund the Sweet Hill
Interconnection Main project in Plaistow, NH, and the guaranty by Pennichuck Corporation of
the payment by Pennichuck Water Works, Inc. of said loan.

LEGISLATIVE YEAR 2022

RESOLUTION: R-22-039

PURPOSE: Authorizing Pennichuck Corporation and Pennichuck Water
Works, Inc., to borrow funds from the State of New
Hampshire Revolving Loan Fund

ENDORSERS: Alderman Patricia Klee
SE Pennichuck Water Special Committee
FISCAL NOTE: None.

ANALYSIS

This resolution approves the proposal by Pennichuck Corporation and one of their regulated
public water subsidiaries to borrow funds as described in the resolution.

Pennichuck has provided additional information on the proposal, which has been forwarded to
the Board of Aldermen.

Article [X (3) of Pennichuck Corporation's Articles of Incorporation and Article V $2 of the
Pennichuck Corporation’s by-laws requires City approval for the borrowing.

Approved as to form: Critice 01 Corporation Counsel

oy (Vogt, Ch Ms-
Date: Rowe "1, rh IDOd~

REPORT OF THE FINANCE COMMITTEE
DECEMBER 21, 2016

A meeting of the Finance Committee was held on Wednesday, December 21, 2016, at 7:00 p.m. in the
Aldermanic Chamber.

Alderman-at-Large Mark S. Cookson, Vice Chair, presided.

Members of the Committee present: Alderman-at-Large Mark S. Cookson, Vice Chair
Alderman-at-Large Michael B. O’Brien
Alderman Benjamin M. Clemons
Alderman June M. Caron
Alderman Ken Siegel

Members not in Attendance: Mayor Jim Donchess
Alderman-at-Large Lori Wilshire

Also in Attendance: Alderman David Schoneman
Alderman-at-Large Brian S. McCarthy
Mr. Dan Kooken, Purchasing Manager

PUBLIC COMMENT - None
COMMUNICATIONS

From: Dan Kooken, Purchasing Manager
Re: Purchase of Fire Hazmat AreaRae Pro RDK Wide Area Air Monitoring Equipment (Value: $87,800)

MOTION BY ALDERMAN SIEGEL TO ACCEPT, PLACE ON FILE AND AUTHORIZE THE PURCHASE
FROM INDUSTRIAL PROTECTION SERVICES, LLC, IN THE AMOUNT OF $87,800. FUNDS ARE
AVAILABLE IN DEPARTMENT 152, FIRE; FIRE GRANTS; EQUIPMENT

MOTION CARRIED

From: Dan Kooken, Purchasing Manager
Re: Contract Award of Nashua Licensing and Permitting Project (Value: $136,500)

MOTION BY ALDERMAN SIEGEL TO ACCEPT, PLACE ON FILE AND, CONTINGENT UPON BOARD OF
ALDERMEN APPROVAL, AWARD THE CONTRACT TO WAGSYS, LLC, IN THE AMOUNT OF $136,500.
SOURCE OF FUNDING IS DEPARTMENT 122, INFORMATION TECHNOLOGY; NGIN — ERP SYSTEM
CAPITAL PROJECTS

ON THE QUESTION

Alderman Siegel

That was a very detailed contract. | was pleased to see that everything was really spelled out and | think it
should be used as a template for future contracts in the future.

Vice Chairman Cookson

| thought WAGSYS has indicated that their response was at $125,000 and | see that this contract is for
$136,500.