LEGISLATIVE YEAR 2021
RESOLUTION: R-21-159
PURPOSE: Relative to the transfer of the FY2022 Original Budget
Contingency for Grants and corresponding offsetting revenues
into a Non Lapsing Grant Fund.
SPONSOR(S): Mayor Jim Donchess
COMMITTEE
ASSIGNMENT:
FISCAL NOTE: There is no fiscal impact te this legislation as it is transferring
appropriations and an equal amount of revenues into a non-
lapsing grant fund
ANALYSIS
The intent of this legislation is to reduce the amount of the General Fund adopted budget and
place the funds into a non-lapsing fund as the appropriations are subject to external restrictions.
This transfer is 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 governmental
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.
Charter Sec. 53 permits the Board of Aldermen to transfer any unencumbered appropriation
balance or any portion thereof from one department, fund or agency to another.
NRO § 5-130, H provides that “when proposed legislation to transfer or reappropriate a
particular appropriation or portion thereof has had its first reading, such funds shall not be
expended or transferred while the legislation is pending”.
Approved as to account Financial Services Division
structure, numbers,
and amount: By: /s/ Rosemarie Evans
Approved as to form:
