R-21-159
RESOLUTION
RELATIVE TO THE TRANSFER OF THE FY2022 ORIGINAL ADOPTED BUDGET
CONTINGENCY FOR GRANTS AND CORRESPONDING OFFSETTING REVENUE
INTO A NON LAPSING GRANT FUND.
CITY OF NASHUA
in the Year Two Thousand and Twenty-One
RESOLVED by the Board of Aldermen of the City of Nashua that the FY2022 Original
General Fund adopted budget be revised to transfer $77,411,477 from Department 194
“Contingency”, “Contingency for Grants” and $77,411,477 from Department 194
“Contingency”, “Revenue from Grants” in the amount of $77,411,477 into a non-lapsing fund.
This transfer 1s pursuant to State of New Hampshire RSA 32:7, VI which states amounts that are
appropriated from moneys anticipated to be received from a state, federal or other governmenta!
or private grant, the appropriation shall remain non-lapsing for as long as the money remains
available under the rules or practice of the granting entity.
Passage of this resolution will reduce the General Fund adopted appropriations to $291,026,961
with estimated revenues of $64,979,022 including estimated state funding for education in the
amount of $32,839,691 and will increase the non-lapsing Grant Funds adopted appropriations to
$77,411,477 with estimated revenues of $77,411,477.
