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PUBLIC SAFETY

150 POLICE DEPARTMENT 35 & 239 116
EDUCATION
191 SCHOOL DEPARTMENT 45, 259-275 206
CAPITAL IMPROVEMENTS
1001 CAPITAL EQUIPMENT 218
ENTERPRISE FUNDS-REVENUE &
APPROPRIATIONS
6000 SOLID WASTE FUND ESTIMATED REVENUES 222
6000 SOLID WASTE FUND APPROPRIATIONS 223
WASTEWATER
6200 WASTEWATER FUND ESTIMATED REVENUES 231
6200 WASTEWATER FUND APPROPRIATIONS 232
SPECIAL REVENUE FUNDS-REVENUE &
APPROPRIATIONS
City Special Revenue Funds
2501 PUBLIC HEALTH CLIENT FEES FUND 238 238
2502 LAW ENFORCEMENT TRAINING FUND 239 239
2503 PARKS & RECREATION PROGRAMS FUND 240 240
2504 HOLMAN STADIUM EVENTS FUND 241 241
2505 PEG ACCESS CHANNELS FUND 244-245 244-245
2506 HUNT BUILDING FACILTY RENTAL FUND 246-247 246-247
2507 FIRE TRAINING FACILTY RENTAL FUND 248 248
2508 SPECIAL ROAD & HIGHWAY FUND 249-250 249-250
2510 PENNICHUCK ACQUISITION BOND FUND 251-252 251-252
School Special Revenue Funds
2100 FOOD SERVICES 259-260 259-260
2120 SUMMER FEEDING PROGRAM 261 261
2201 DRIVER’S EDUCATION 262 262
2204 SUMMER SCHOOL 263 263
2207 ADULT CONTINUING EDUCATION 264-265 264-265
2212 ATHLETIC REVENUE FUND 266 266
2217 SCHOOL FACILITIES RENTAL 267 267
2222 AFTER SCHOOL PROGRAM 268 268
2227 NORTH STUDENT SHOP 269 269
2232 SOUTH STUDENT SHOP 270 270

2247 CULINARY ARTS 271 271
2252 DAY CARE 272 272
2257 SPECIAL EDUCATION-LOCAL TUITION 273 273
2258 SCHOOL CTE TUITION FUND 274 274
3899 SCHOOL GRANTS 275

PUBLIC COMMENT

MOTION BY ALDERMAN O’BRIEN TO TABLE R-22-035

MOTION CARRIED

ADJOURNMENT

MOTION BY ALDERMAN O’BRIEN TO ADJOURN
MOTION CARRIED

The meeting was declared closed at 10:38 p.m.

Alderman Michael B. O’Brien, Sr.

FY 2023 PROPOSED BUDGET
PRESENTATION

JUNE 21, 2022

CITY OF NASHUA, bea, JIM DONCHESS,

NEW HAMPSHIRE } MAYOR

en
WalletHub Best-Run Cities 2022

Nashua Ranked #4 Overall

Evaluated operating efficiency of 150 of the largest U.S Highlights:
cities using 38 metrics in 6 categories
Compares quality of services against city's total budget "i Safety
#2 Quality of Roads
"Quality of Service" Metric Categories: #4 Violent Crime Rate
e Financial Stability #9 Quality of City Services
¢ Education #9 Total Budget per Capita
e Health #15 Infrastructure & Pollution
e Safety #45 Education

e Economy
e Infrastructure/Pollution

FY23 BUDGET PRESENTATION

JUNE 21, 2022

on ———E—EeEeeeeeeeeree
FY23 Budget Challenges

Annual Inflation from May 2022: 8.6% City-specific inflation rates:
Fuel Oil 107% Diesel Fuel >28%
Gasoline 49% Gasoline >22%
Natural Gas 30% Heating Oil >20%
Food 10% Winter Salt 45%
Shelter 6% Health Insurance 12%
Electricity 12% Liability Insurance [1%
Construction Materials

e Lumber 300%

e¢ Steel 200%

Source: U.S. Bureau of Labor Statistics

FY23 BUDGET PRESENTATION JUNE 21, 2022

2022 Revaluation

Potential Impacts (Estimated)

>

Overall values of Within the Residential values This results in a shift
properties are residential class, are increasing at a of the property tax
increasing. property values are higher % rate than burden from
increasing at commercial. commercial to
different % rates. residential.

©) FY23 BUDGET PRESENTATION JUNE 21, 2022

= Tax Year 2021

65.2% 67.5%

0%
Residential

@ FY23 BUDGET PRESENTATION

= Tax Year 2022

Potential
Changes in
Assessed
Valuations

Tax Year 2021 vs. Tax Year 2022

JUNE 21, 2022

Increases in
Assessed
Valuations

40% 39%

30%

22%

These figures are estimates. No

.. Wl " 20%
property is “average.

10%

0%
Residential C&l

eS FY23 BUDGET PRESENTATION JUNE 21, 2022

nn OOOOOO————E—E—Eeeeeeeeeeeeeeeeee
Proposed FY23 Budget

Proposed General Fund Operating Budget: $302.9M
e Increase over FY22 Budget: 4.0%

Revenues

e Continue to be budgeted conservatively
e Stable revenue from motor vehicle registrations
¢ Continued low interest rate environment

(29 FY23 BUDGET PRESENTATION JUNE 21, 2022

Combined Annual Municipal
FY23 Budget

$302,998,903 $44,082,704 $59,581,977

General Fund Enterprise Funds Special Revenue Funds

(3 FY23 BUDGET PRESENTATION JUNE 21, 2022