Document Date
Meeting Description
Document Type
Meeting Date
Page Number
17
RESOLUTION:
PURPOSE:
ENDORSERS:
COMMITTEE
ASSIGNMENT:
FISCAL NOTE:
LEGISLATIVE YEAR 2019
R-19-184
Applying surplus in reduction of taxes
Mayor Jim Donchess
Unassigned fund balance is reduced by $1,500,000. A total of
$6,234,637 is applied to reduce the tax rate.
ANALYSIS
This resolution provides for the application of $1,500,000 to reduce the tax rate from unassigned
fund balance and together with unanticipated revenue from the State of New Hampshire results
in $6,234,637 being applied to reduce taxes.
Approved as to form:
Office of Corporation Counsel
By: » 2224
Date: Cero Zee ~-% Zoa/F
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