O-20-042
ORDINANCE
AMENDING THE ORDINANCE ON MAINTAINING ADEQUATE UNASSIGNED
GENERAL FUND BALANCE
CITY OF NASHUA
In the Year Two Thousand and Twenty
The City of Nashua ordains that Part I “Administrative Legislation”, Chapter 5
“Administration of Government”, Part 7 “Taxation and Finance”, Article XX VI “Accounts and
Warrants’, Section 5-135 “Maintaining adequate undesignated general fund balance” of the
Nashua Revised Ordinances, as amended, be and hereby is further amended by deleting the
struck-through language and adding the new underlined language as follows:
Ҥ 5-135. Maintaining adequate undesignated unassigned general fund balance.
A. It is the policy of the Board of Aldermen to maintain an undesignated unassigned
general fund balance as of each June 30 of each year equal to a minimum of 10%
of the municipality s S fiscal year general fund appropriations pls the statewide
This legislation shall take effect following its passage.
