Board Of Aldermen

Board of Aldermen 06-28-2022 Page 6

R-22-045
Endorsers: Mayor Jim Donchess

Alderman-at-Large Michael B. O’Brien, Sr.
Alderman John Sullivan
Alderman-at-Large Melbourne Moran, Jr.
Alderman Thomas Lopez
Alderwoman-at-Large Shoshanna Kelly
Alderman Alex Comeau
Alderman Richard A. Dowd
Alderman Derek Thibeault
Alderwoman-at-Large Gloria Timmons
Alderman Patricia Klee
Alderman-at-Large Lori Wilshire

RELATIVE TO THE SUPPLEMENTAL APPROPRIATION OF $50,294.73 OF FY2022 UNANTICIPATED REVENUE

Board of Aldermen 06-28-2022 Page 5

Alderman Dowd
$35,000 added — total amount $355,000.

Alderman O’Brien

Okay.

President Wilshire

Is that your motion to amend?

Alderman O’Brien

Yes.

MOTION BY ALDERMAN O’BRIEN TO AMEND RELATIVE TO THE SUPPLEMENTAL APPROPRIATION OF $355,000
FROM FY2022 ASSIGNED FUND BALANCE INTO DEPARTMENT 152 “FIRE”, ACCOUNT 51330 “SHIFT COVERAGE”,
BY ROLL CALL

Board of Aldermen 06-28-2022 Page 4

Alderman-at-Large Michael B. O’Brien, Sr.

Alderman Patricia Klee

Alderman-at-Large Melbourne Moran, Jr.

Alderman Thomas Lopez

Alderman-at-Large Ben Clemons

Alderwoman-at-Large Shoshanna Kelly

Alderman Alex Comeau

Alderman Richard A. Dowd

Alderman Tyler Gouveia

Alderman John Cathey

Alderman Derek Thibeault

Board of Aldermen 06-28-2022 Page 3

UNFINISHED BUSINESS — RESOLUTIONS

R-22-035
Endorsers: Mayor Jim Donchess

Alderman-at-Large Michael B. O’Brien, Sr.
Alderman John Sullivan
Alderman Patricia Klee
Alderman Thomas Lopez
Alderman Alex Comeau
Alderman Richard A. Dowd
Alderman John Cathey
Alderman Derek Thibeault
Alderman-at-Large Lori Wilshire

RELATIVE TO THE ADOPTION OF THE FISCAL YEAR 2023 PROPOSED BUDGET FOR THE CITY OF NASHUA

GENERAL, ENTERPRISE, SPECIAL REVENUE AND GRANT FUNDS

Board of Aldermen 06-28-2022 Page 2

Alderman Thibeault, Alderwoman Timmons, Alderman Wilshire 15
Nay: 0
MOTION CARRIED

From: Susan K. Lovering, City Clerk
Re: NRO 5-6 Compensation — Alderwoman-at-Large Gloria Timmons

MOTION BY ALDERMAN O’BRIEN TO REVIEW THE RULES OF THE ALDERMANIC PROCEUDURE WITH
ALDERWOMAN-AT-LARGE GLORIA TIMMONS ON NRO 5-6 REGARDING COMPENSATION, BY ROLL CALL

A regular meeting of the Board of Aldermen was held Tuesday, June 28, 2022, at 7:31 p.m. in the aldermanic
chamber and via Zoom teleconference which meeting link can be found on the agenda and on the City’s
website calendar.

President Lori Wilshire presided; City Clerk Susan Lovering recorded.

Prayer was offered by City Clerk Susan Lovering; Alderman-at-Large Melbourne Moran, Jr. led in the Pledge to
the Flag.

LEGISLATIVE YEAR 2022

RESOLUTION: R-22-044

PURPOSE: Relative to the supplemental appropriation of $1,500,000 of
FY2022 Assigned Fund Balance into Department 126
“Financial Services”, Account 68500 “Abatements”

SPONSOR(S): Mayor Jim Donchess
COMMITTEE
ASSIGNMENT: Budget Review Committee
FISCAL NOTE: This resolution will reduce the Assigned Fund Balance portion
for Overlay. The current balance assigned for overlay is
$1,500,000.
ANALYSIS

R-22-044

RESOLUTION

RELATIVE TO THE SUPPLEMENTAL APPROPRIATION OF $1,500,000 OF FY2022
ASSIGNED FUND BALANCE INTO DEPARTMENT 126 “FINANCIAL SERVICES”,
ACCOUNT 68500 “ABATEMENTS”

In the Year Two Thousand and Twenty-Two

RESOLVED by the Board of Aldermen of the Citv of Nashua to appropriate $1,500,000
of FY2022? assigned fund balance into Department 126 “Financial Services”. Account 68500
“Abatements” for the purpose of funding additional tax abatements.

LEGISLATIVE YEAR 2022

RESOLUTION: R-22-041

PURPOSE: Relative to the supplemental appropriation of $500,000 of
FY2022 Assigned Fund Balance into Fund 7025 “City
Retirement Trust Fund”

SPONSOR(S): Mayor Jim Donchess

COMMITTEE Budget Review Committee

ASSIGNMENT:

FISCAL NOTE: This resolution will reduce the Assigned Fund Balance for

future liabilities. The current balance in Assigned Fund
Balance is $8,655,000 and the current balance in the City
Retirement Trust Fund is $78.73.

ANALYSIS

R-22-041

RESOLUTION

RELATIVE TO THE SUPPLEMENTAL APPROPRIATION OF $500,000 OF FY2022
ASSIGNED FUND BALANCE INTO FUND 7025 “CITY RETIREMENT TRUST FUND”

In the Year Two Thousand and Twenty-Two

RESOLVED by the Board of Aldermen of the City of Nashua to appropriate $500,000 of
FY2022 assigned fund balance into Fund 7025 “City Retirement Trust Fund” for the purpose of
funding FY2022 retirement related severance payments.