PROPOSED AMENDMENTS FROM BUDGET REVIEW COMMITTEE R-18-019
RESOLUTION
RELATIVE TO THE ADOPTION OF THE FISCAL YEAR 2019 PROPOSED BUDGET
FOR THE CITY OF NASHUA GENERAL, ENTERPRISE, AND SPECIAL REVENUE
FUNDS
CITY OF NASHUA
In the Year Two Thousand and Eighteen
RESOLVED by the Board of Aldermen of the City of Nashua that the Fiscal Year 2019
Proposed Budget for the General Fund of the City of Nashua be and is hereby adopted, and that
the following amounts are hereby appropriated for the several accounts and for other needs of the
City of Nashua General Fund for the fiscal year beginning July 1, 2018, and ending June 30,
2019, and for the purpose of Section 50-a et seq. of the Nashua Revised City Charter, as amended,
each item of this budget shall be considered as a separate appropriation. The proposed
General Fund appropriation amount is $262,763,651 with estimated General Fund Revenues of
$62,297,937 including estimated state funding for education in the amount of $35,257,382.
That the Fiscal Year 2019 Proposed Budget for the Enterprise Funds of the City of
Nashua be and is hereby adopted, and that the following amounts are hereby appropriated for the
several accounts and for other needs of the City of Nashua Enterprise Funds for the fiscal year
beginning July 1, 2018 and ending June 30, 2019, and the purpose of Section 50-a et seq. of the
Nashua Revised City Charter, as amended, each item of this budget shall be considered as separate
appropriation. The proposed Enterprise Funds appropriation amount 1s $24,605,499 (inclusive of
anticipated Capital Appropriations), with estimated Enterprise Funds Revenues of $20,019,948
and any additional funding for capital and CSO-related expenditures from retained earnings,
bonding and/or State Revolving Fund Loans.
That the Fiscal Year 2019 Proposed Budget for the Special Revenue Funds of the City of
Nashua be and is hereby adopted, and that the following amounts are hereby appropriated for the
several accounts and for other needs of the City of Nashua Special Revenue Funds for the fiscal
year beginning July 1, 2018 and ending June 30, 2019. The proposed Special Funds appropriation
amount is $19,523,519 with estimated Special Revenue Funds Revenues of $19,523,519.
While the budget limitation provisions of the City Charter have recently been found to be
unenforceable by the Hillsborough County Superior Court Southern Judicial District, the
following is provided for illustration. Pursuant to NRO § 5-145, E, the accumulated sum of all
