RESOLUTION:
PURPOSE:
SPONSOR(S):
COMMITTEE
ASSIGNMENT:
FISCAL NOTE:
LEGISLATIVE YEAR 2020
R-20-018
Relative to the transfer of $25,000 from Department 194
“Contingency”, Account 70100 “General Contingency” to
Department 109 “Civic & Community Activities”, Accounting
Classification 56 “Outside Agencies” for the purpose of
providing funding to the Nashua Association for the Elderly
Alderman June M. Caron
Budget Review Committee
Reduces amount available in general contingency by $25,000
that could be used for escrow or surplus in FY20. The current
balance in the general contingency account is $84,750.
ANALYSIS
This resolution authorizes the transfer of $25,000 from General Contingency into Civic &
Community Activities, Outside Agencies for the purpose of providing funding to the Nashua
Association for the Elderly to assist with their operating budget.
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
structure, numbers and
amount:
Approved as to form:
Financial Services Division
Officeléf Corporation Counsel
py pet, bra ler
Date: 5 oredr. GoD
