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  2. Finance Committee - Minutes - 4/15/2020 - P21

Finance Committee - Minutes - 4/15/2020 - P21

By dnadmin on Mon, 11/07/2022 - 13:31
Document Date
Wed, 04/15/2020 - 00:00
Meeting Description
Finance Committee
Document Type
Minutes
Meeting Date
Wed, 04/15/2020 - 00:00
Page Number
21
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_m__041520…

Finance Committee - 04/15/2020 Page 21

assessment at a lower level or litigation, the amount of the taxes that they have paid that are due that were paid on the
amount of the assessment over the agreement, those taxes get refunded. And that is an on-going process. There are
some millions of dollars in the overlay; $3 to $4 million.

Alderwoman Lu

Ok thank you. If it’s a company then it is probably somebody that assisted in that process, correct?

Mayor Donchess

It could be the taxpayer but the payment could be made to a representative or a lawyer or something like that to their trust
account. It would depend (inaudible).

Alderwoman Lu
Thank you, | have only one question more. In the most recent record, under the School Department, there were a couple

of charges that totaled $50,000.00. They were to Eversource, but they went to an account that is water. Just wondering if
that was a mis ...

Mayor Donchess

That’s in the current record of expenditures?
Alderwoman Lu

Correct, Page 13.

Mayor Donchess

Mr. Griffin could you take a look at that?

John Griffin, CFO

Certainly.
Alderwoman Lu
It’s the $10,000.00 and the $40,000.00 figure.

Mayor Donchess

Eversource doesn’t provide water so | don’t know, they provide electricity obviously. Can you, again it is a School
Department item, which we can investigate. Mr. Griffin can you make sense of that, just right off the bat?

John Griffin, CFO

Yeah it looks like, I’m not sure where the water comes in but it looks like the subject of the check went to electric expense
but I'll have to check.

(Inaudible, people speaking over each other)
Alderwoman Lu
Yeah, the account number — yeah. That’s water correct, water expense?

John Griffin, CFO

The 54141 I'll check it but you’ve got Eversource.

Page Image
Finance Committee - Minutes - 4/15/2020 - P21

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