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  2. Board Of Aldermen - Agenda - 6/14/2022 - P161

Board Of Aldermen - Agenda - 6/14/2022 - P161

By dnadmin on Mon, 11/07/2022 - 07:50
Document Date
Fri, 06/10/2022 - 16:12
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 06/14/2022 - 00:00
Page Number
161
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__061420…

LEGISLATIVE YEAR 2022

RESOLUTION: R-22-040

PURPOSE: Relative to the transfer of $160,000 from Department 162
“Street Lighting”, Account 54100 “Electricity” to Department
159 “Hydrants - Fire Protection”, Account 54835 “Hydrant

Fees”
SPONSOR(S): Mayor Jim Donchess
COMMITTEE
ASSIGNMENT: Budget Review Committee
FISCAL NOTE: Reduces FY2022 General Fund surplus.

ANALYSIS

This legislation authorizes the transfer of $160,000 from Electricity to Hydrant Fees for the
purpose of funding retrospective capital recoupment costs from Pennichuck Water Works
in excess of the original FY 2022 Budget appropriation.

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 Services Sesion

structure, numbers, Nb Al tel
and amount: By: C

Approved as to form: onmlld Corporation Co: an

wy enfin Sbulte

Date: © re ID22-

Page Image
Board Of Aldermen - Agenda - 6/14/2022 - P161

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