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  2. Board Of Aldermen - Agenda - 9/14/2021 - P92

Board Of Aldermen - Agenda - 9/14/2021 - P92

By dnadmin on Mon, 11/07/2022 - 07:09
Document Date
Fri, 09/10/2021 - 16:46
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 09/14/2021 - 00:00
Page Number
92
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__091420…

R-21-163

RESOLUTION

ESTABLISHING THE USE OF FUND BALANCE FOR TAX RATE

CITY OF NASHUA

In the Year Two Thousand and Twenty-One

RESOLVED by the Board of Aldermen of the City of Nashua that pursuant to NRO §5-
135. B, $4,000,000 of the unassigned general fund balance shall be applied to the Calendar Year

2021 (Fiscal Year 2022) Tax Rate. With approval of this action, unassigned fund balance
remains at or above the five percent (5%) minimum as recommended by Department of Revenue

Administration and the ten percent (10%} minimum as established by NRO $5-136, A.

Page Image
Board Of Aldermen - Agenda - 9/14/2021 - P92

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