RESOLUTION:
PURPOSE:
SPONSOR(S):
COMMITTEE
ASSIGNMENT:
. FISCAL NOTE:
LEGISLATIVE YEAR 2021
R-21-123
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
Mayor Jim Donchess
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 FY21. The current
balance in the general contingency account is $395,200.
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. The intent of the funding is for $20,000 to be used to refurbish the
Second Hand Store, and $5,000 to go into the Senior Center’s Reserved Fund.
Charter Sec, 53 permits the B
oard 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
By: /s/John Griffin
Office of Corporation Counsel
By: Dyk (Vorlo
Date: IG au din 204
