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  2. Board Of Aldermen - Minutes - 3/16/2020 - P44

Board Of Aldermen - Minutes - 3/16/2020 - P44

By dnadmin on Sun, 11/06/2022 - 23:16
Document Date
Mon, 03/16/2020 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Minutes
Meeting Date
Mon, 03/16/2020 - 00:00
Page Number
44
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_m__031620…

LEGISLATIVE YEAR 2020

RESOLUTION: R-20-024

PURPOSE: Relative to the transfer of $105,000 from Department 192
“Debt Service”, Account 75200 “Interest Expense” inte various
accounts

SPONSOR(S): Mayor Jim Donchess

COMMITTEE

ASSIGNMENT:

FISCAL NOTJTE: Reduces fiscal year 2020 surplus appropriations.

ANALYSIS

This resolution authorizes a transfer from debt service interest expense in the amount of
$100,000 for the funding of purchases related to the Coronavirus pandemic (COVID-19). This
resolution also authorizes a contribution of $5,000 to the United Way’s “Urgent Needs
Community Fund”, established to support local non-profits who experience extraordinary
expenses related to the pandemic.

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 Finanei vices Division
structure, numbers and

amount: By: f Ln Mh. 5

Wi ry

Approved as to form: Office of Corporation Counsel
By: Preston C Por Kee,
Date: N\A OA CN (o Boo-O
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Page Image
Board Of Aldermen - Minutes - 3/16/2020 - P44

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