RESOLUTION:
PURPOSE:
SPONSOR(S):
COMMITTEE
ASSIGNMENT:
FISCAL NOTE:
LEGISLATIVE YEAR 2020
R-20-038
Relative to the acceptance and appropriation of up to $830,000
from the State of New Hampshire, Coronavirus Aid, Relief
and Economic Security Act “CARES ACT”) for the First
Responder COVID-19 stipend program
Mayor Jim Donchess
Fiscal impact is an up to $830,000 grant to be used for a specific
purpose. The stipend is not considered earnable compensation for
the purposes of employer retirement contributions however the
City is responsible for funding Federal employment taxes
estimated to be approximately $12,035.
ANALYSIS
This resolution authorizes the City of Nashua to accept and appropriate up to $830,000 from the
State of New Hampshire, Coronavirus Aid, Relief and Economic Security Act (“CARES ACT”)
Fund for the purpose of providing a $300 weekly stipend to first responders for 8 weeks. This
funding is effective from March 4, 2020 through June 30, 2020.
Approved as to
account number
and/or structure, and
amount:
Approved as to form:
Financial Services Division
By: /s/ John Griffin
Office of Corporation Counsel
| ert Cur Nex
Date: Ma wr ; | Qo4-6
