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  2. Board Of Aldermen - Agenda - 11/26/2019 - P179

Board Of Aldermen - Agenda - 11/26/2019 - P179

By dnadmin on Sun, 11/06/2022 - 22:33
Document Date
Fri, 11/22/2019 - 13:45
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 11/26/2019 - 00:00
Page Number
179
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__112620…

LEGISLATIVE YEAR 2019
RESOLUTION: R-19-193

PURPOSE: Relative to the transfer of $3,250 from Department #194
“Contingency”, Account #70100 “General Contingency” to the
Nashua Airport for the purpose of funding a portion of the cost
of snow removal equipment

ENDORSER(S): Mayor Jim Donchess

COMMITTEE

ASSIGNMENT:

FISCAL NOTE: Transfers funds from general contingency to the Nashua

Airport. Reduces the balance in the general contingency
account from $88,000 to $84,750 (assuming other pending
resolution transferring funds from general contingency
passes).

ANALYSIS

This resolution transfers $3,250 from the General Contingency account to the Nashua Airport for
the purpose of funding a portion of the cost of snow removal equipment. As part of the FY2019
budget, the Board of Aldermen appropriated $17,500 for the Airport’s 5% match for the
purchase of a grader with wing plow. The actual cost of the grader is $415,000. Therefore, the
5% match is $20,750, an increase of $3,250 above the initial appropriated amount of $17,500.

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 UL x Division
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Approved as to form: ™ Corporatié ce Counsel

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Page Image
Board Of Aldermen - Agenda - 11/26/2019 - P179

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