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  2. Finance Committee - Minutes - 8/19/2020 - P6

Finance Committee - Minutes - 8/19/2020 - P6

By dnadmin on Mon, 11/07/2022 - 13:27
Document Date
Wed, 08/19/2020 - 00:00
Meeting Description
Finance Committee
Document Type
Minutes
Meeting Date
Wed, 08/19/2020 - 00:00
Page Number
6
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_m__081920…

Finance Committee - 08/19/2020 Page 6

Alderman O’Brien
Mr. Mayor, may |?
Mayor Donchess

Alderman O’Brien
Alderman O’Brien

My question is to the Police Supervisor, did we get any insurance money with that particular total vehicle and is
it being applied to this new vehicle or is it going to the General Fund or back into CERF.

Supervisor Sojka

| believe Karen Smith will be able to help you with that answer, I’m sorry.
Mayor Donchess

Ms. Smith.

Karen Smith, Nashua Police Department

Yes.

John Griffin, CFO

| can help out Mr. Mayor too.

Mayor Donchess
Oh CFO Griffin then.

Mr. Griffin

In direct response to Alderman O’Brien, the Risk Department has provided funding for this vehicle because of
the newness of the vehicle. We felt that instead of tying things up with a Supplemental Appropriation, we
would simply as Treasurer Fredette if there was enough funds to pay for the vehicle. And as the reading of the
Motion indicates, we plan on putting monies into CERF through either the escrow process, appropriations not
spent or a supplemental appropriation for revenues that exceed budget. So the money will be going back into
CERF but you can’t spend revenue in the City; you have to have an appropriation. So this is the most
expeditious way of handling this matter. In addition to that, the most recent Board of Aldermen Meeting
referred this vehicle to Budget and Budget recommends full passage for your next meeting on September 9".
So the plan is to replace the vehicle in September with the vote of the Full Board upon passage. Thank you.

Alderman O’Brien
Thank you Mr. Mayor.

Mayor Donchess

Thank you Alderman O’Brien. Anyone else; Alderman Klee?

Page Image
Finance Committee - Minutes - 8/19/2020 - P6

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