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  2. Board Of Aldermen - Agenda - 8/11/2020 - P143

Board Of Aldermen - Agenda - 8/11/2020 - P143

By dnadmin on Sun, 11/06/2022 - 23:06
Document Date
Fri, 08/07/2020 - 15:09
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 08/11/2020 - 00:00
Page Number
143
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__081120…

LEGISLATIVE YEAR 2020

RESOLUTION: R-20-056

PURPOSE: Relative to the transfer of $1,445,000 from Department 194
“Contingency”, Account 70112 “Contingency for Educational
Priorities” to various school department accounts

SPONSOR(S): Mayor Jim Donchess
Alderman Richard A. Dowd

COMMITTEE
ASSIGNMENT: Budget Review Committee
FISCAL NOTE: The current balance in this account is $2,200,000. There will

be $755,000 remaining upon passage of this resolution.

ANALYSIS

This resolution authorizes the transfer of $1,445,000 from Account 70112 “Contingency for
Educational Priorities” into the School Operating Budget for the purpose of funding one time
expenses.

Charter Sec. 53 permits the Board of Aldermen to transfer any unencumbered appropriation
balance or any portion from one department, fund or agency to another.

_NRO 5-130, H provides that “when proposed legislation to transfer or re-appropriate a particular
appropriation or purpose thereof has had its first reading, such funds shall not be expended or
transferred while the legislation is pending”.

Approved as to account Financi LZ of
structure, numbers and A
amount:

KL ra
Approved as to form: Offi bf Corporation Counsel

py Beh Cole

Date: oA shy 2 Q020O

Page Image
Board Of Aldermen - Agenda - 8/11/2020 - P143

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