Fred Teeboom
24 Cheyenne Drive
Nashua, NH 03063
(603) 889-2316
fredtee@comcast.net
June 30, 2021
To: | Mayor Donchess
Board of Alderman
CFO Griffin
From: Fred S. Teeboom
Subject: The FY22 Proposed Annual Budget
Attached are the calculations that support my comments during the Public Hearing on the FY22
proposed annual budget.
1. Spending of taxpayers’ money is increasingly out of control
Doing the same comparison of the 6-year average for the years 2016-2021 and comparing
FY2022 with FY2021, I come to an entirely different conclusions: Nashua’s spending is
increasingly out of control.
Unlike the presentation on pages 9 and 10 of the FY22 proposed budget, the calculations in the
table below include payments for NHRS state pensions and Medicare/Medicaid.
The taxpayers do not have the option of not paying the pension costs, so the budget comparisons
for purpose of presenting the budget for a Public hearing should not exclude them, either.
Excludes includes
Pensions and FICA/Medicare Pensions and FICA/Medicare
6yearincrease | 6 year annual 6year increase | 6 year annual
FY¥21-F FY¥21-FY22
FY16-FY21 average on F¥16-FY21 average ‘a
City Hall 0% -2.7% 7.8% 4, 2.0%
ity Ha 16.0 2.7% = 27.8 6% si
Police 21.0% 3.5% ( =} 26.5% 44% 6.6%
Fi 27.4% 6% NN 1.7% 27.3 4.6% :
ire 4.6 a 3% rs 9.1%
enna
ppw 15.8% 2.6% aE 15.6% 2.6% 1.0%
Schools 17.9% 3.0% 2.3% 18.3% 3.1% 3.5%
This table illustrates the enormous cost for the Police and Firefighter pensions
2. City Must Sue the State over Pension Payments
The pension costs that now amount to $31.5 million, representing a 23.5% increase from last
year, are completely out of control. New Hampshire Retirement System (NHRS) pension
costs now represent nearly 11% of the proposed $290.4 million General Fund.
