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  2. Board Of Aldermen - Agenda - 9/14/2021 - P95

Board Of Aldermen - Agenda - 9/14/2021 - P95

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
95
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__091420…

LEGISLATIVE YEAR 2021

RESOLUTION: R-21-164
PURPOSE: Relative to the transfer of $30,600 from Account 70100

“General Contingency” to Accounting Classification 51
“Salaries & Wages” in Administrative Services ($25,000) and
Economic Development ($5,000) for the purpose of funding

salaries
SPONSOR(S): Mayor Jim Donchess
COMMITTEE
ASSIGNMENT: Budget Review Committee
FISCAL NOTE: Reduces amount available in general contingency by $30,000

that could be used for escrow or surplus in FY¥Y22. The current
balance in the general contingency account is $250,000.

ANALYSIS

This resolution authorizes the transfer of $25,000 from General Contingency into Administrative
Services and $5,000 from General Contingency into Economic Development tor the purpose of
providing funding for salaries.

Charter Sec. 53 permits the Board of Aldennen 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 1s pending”.

Approved as to account Financial Services Division
structure, numbers and :

nate By. /s/ David G. Fredette
Approved as to form: Office of Corporation Counsel

By: Ver. CoN
ae: 4 huh IDI

Page Image
Board Of Aldermen - Agenda - 9/14/2021 - P95

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