The spending cap has NEVER included grants, for grants are estimates exclusively under the
control of federal and state grantors, not under control of city departments. Furthermore, grants
have no effect on property taxes.
I have attached the Spending cap calculation (without grants). The proposed budget restored with
SB52 is $6.58 million above the cap.
There is an absolute need for aldermen to understand the spending cap.
Having authored the cap and participated in various lawsuits concerning its validity, I request to
personally present the author’s view of the cap concurrent with a publicly scheduled presentation
by the mayor, the CFO and/or the city attorney who have jointly demonstrated an extreme bias
against the cap, and have privately conspired to falsify its current interpretation.
3. BRC Review
A motion can be made by any aldermen any time the BoA or the BRC is in session, to demand a
public presentation on the anticipated tax rate and the restored spending cap. With a majority vote
of respective BoA or BRC members in attendance, the administration must comply.
Fred Sy'1¢eboom
Former alagrman-at-large
Author of Nashua’s Spending Cap
Attached: FY2023 spending cap calculation (compliant with RSA 49-B:13, Il-a).
