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  2. Board Of Aldermen - Agenda - 1/12/2021 - P39

Board Of Aldermen - Agenda - 1/12/2021 - P39

By dnadmin on Mon, 11/07/2022 - 06:58
Document Date
Fri, 01/08/2021 - 12:55
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 01/12/2021 - 00:00
Page Number
39
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__011220…

AMENDED
O-20-042

ORDINANCE

AMENDING THE ORDINANCE ON MAINTAINING ADEQUATE UNASSIGNED
GENERAL FUND BALANCE

CITY OF NASHUA

In the Year Two Thousand and Twenty

The City of Nashua ordains that Part I “Administrative Legislation”, Chapter 5
“Administration of Government”, Part 7 “Taxation and Finance”, Article XX VI “Accounts and

Warrants”, Section 5-135 “Maintaining adequate undesignated general fund balance” of the
Nashua Revised Ordinances, as amended, be and hereby is further amended by deleting the
struck-through language and adding the new underlined language as follows:

“§ 5-135. Maintaining adequate undesignated unassigned general fund balance.

It is the policy of the Board of Aldermen to maintain an undesignated unassigned

general fund balance as of each June 30 of each year equal to a minimum of 10%
of the ee s fiscal ee ceneral fund ee

AY

hoo! nea

o 3

33

This legislation shall take effect following its passage.

Page Image
Board Of Aldermen - Agenda - 1/12/2021 - P39

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