Special Board of Aldermen 07-01-2021 Page 7
worth of capital projects. What Budget Chairman Dowd indicated is to put in, and we can discuss it, we
would be happy to discuss it, we are going to put in the $77 million and that includes and maybe | could
hand this out. So what we have, what you will be receiving is what | refer to as - what Budget Committee
Chairman Dowd indicated is typical grants for the City and typical grants for the School.
Lines #1 through 18 identify most of the grants that were received this past year along with an estimated
Fiscal22 number. And those typical grants total about $10 million dollars for the cityside and $16 million
for the schools — so there’s $26 million. However, we know that through the hard work of everyone we are
going to get about $16 million dollars of American Rescue Plan Act Funding for the City. That’s going to
need to be accepted and appropriated. And then we have, as Mr. Donovan indicated at your Budget
Review Committee, he had a nice slide that illustrated about $35.5 million dollars of CARES Act funding
and the companion ESRA Funding coming from the American Rescue Plan Act. So the thought for
discussion was to start off appropriating the funds in this particular budget and doing a companion off-set
of the appropriations that you are going to need in this particular budget. | know this budget is time
sensitive.
We probably will need some clear transfer legislation because as you know, the various reports that we
have for the DRA and on the school side the reports that they make to the Department of Education, they
need to be in sync. So there will be another analysis that will take place, but | wanted you to consider this
particular funding. With the Federal Government and the acceptance of some of these grants through the
Department of Education in New Hampshire, you never know when you are going to be able to pull those
funds. As Mr. Donovan said his grants are reimbursement grants, so they spend the money, get it
approved and then get reimbursed. So the thought was that we would combine the typical grants along
with what | would consider one-time grants which total $51.546 million and put them in this budget. So I’d
be happy to answer any questions at this time and Attorney Bolton will be able to help on some of the
nuances of the Senate Bill that was passed. Thank you.
President Wilshire
Questions? Alderman Jette?
Alderman Jette
Thank you Madam President. So all of this grant money this $51,546,000.00 this is not in this budget that
we have been looking at, this budget book?
Mr. Griffin
Madam President, I’d be happy to answer that. It is not included in this budget book.
Alderman Jette
And where — I’m sorry when Alderman Dowd explained it, | didn’t catch where it was going to go.
Mr. Griffin
Right. Yes | can recap that. Given the time sensitivity of the budget passing and knowing that you all
would like to pass it with due consideration, we put the revenue on page 34, | actually gave it a new
account number 48320 Grant Revenue. So that’s in the financial services area. And as far as the
appropriations, page 271 — 194 Department Contingency and new account 70160 Contingency — Grants.
So that’s the offset, as Alderman Dowd indicated and the Mayor indicated, there’s no increase in local tax
dollars, it is simply accepting the revenue, budgeting for it and budgeting for the appropriations. So those
two numbers are designed to be the same.
