| Bill Number: | R-02-44 |
| 1st Reading: | 4/23/2002 |
| Bill Name: | RELATIVE TO THE ADOPTION OF FISCAL YEAR 2003 PROPOSED BUDGET FOR THE CITY OF NASHUA GENERAL FUND |
| Bill Status: | Approved |
| Approval Date: | 7/9/2002 |
| Voting: |
Bolton, Steven - Alderman At - Large - No
Britton, Frederick - Alderman At - Large - Yes Cardin, Lori - Alderman Ward 7 - Not Present Cote, Scott - Alderman Ward 9 - Yes Deane, David - Alderman At - Large - No Dion, Robert - Alderman Ward 6 - No Gage, Kevin - Alderman Ward 3 - Yes Johnson, Paula - Alderman At - Large - No Liamos, Stephen - Alderman Ward 8 - Yes McAfee, Kevin - Alderman Ward 1 - Yes McCarthy, Brian - Alderman At - Large - Yes Nickerson, Timothy - Alderman Ward 2 - Yes Plamondon, Marc - Alderman Ward 4 - Yes Rootovich, David - Alderman At - Large - Not Present Tollner, James - Alderman At - Large - Yes |
| Bill Sponsor: | Mayor Streeter |
| Co-Sponsors: |
Britton, Frederick - Alderman At - Large
Rootovich, David - Alderman At - Large |
| Bill Text: | RELATIVE TO THE ADOPTION OF FISCAL YEAR 2003 PROPOSED BUDGET FOR THE CITY OF NASHUA GENERAL FUND In the Year Two Thousand and Two RESOLVED by the Board of Aldermen of the City of Nashua That the Fiscal Year 2003 Proposed Budget for the General Fund of the City of Nashua be and is hereby adopted, and that the following amounts are hereby appropriated for the several accounts and for other needs of the City of Nashua General Fund for the fiscal year beginning July 1, 2002, and ending June 30, 2003, and for the purpose of Section 50-a et seq. of the Nashua Revised City Charter, as amended, each item of this budget shall be considered as a separate appropriation. The proposed General Fund appropriation amount is $172,886,329 with estimated General Fund Revenues of $25,987,220 and estimated state funding for education in the amount of $29,492,240 and That the Fiscal Year 2003 Proposed Budget for the Enterprise Funds of the City of Nashua be and is hereby adopted, and that the following amounts are hereby appropriated for the several accounts and for other needs of the City of Nashua Enterprise Funds for the fiscal year beginning July 1, 2002, and ending June 30, 2003, and for the purpose of Section 50a et. seq. of the Nashua Revised City Charter, as amended, each item of this budget shall be considered as a separate appropriation. The proposed Enterprise Funds appropriation amount is $19,994,926 (inclusive of anticipated Capital Appropriations), with estimated Enterprise Funds Revenues of $19,994,926 and any additional funding for capital and CSO-related expenditures from retained earnings, bonding and/or State Revolving Fund Loans. Under the authority of the City of Nashua Charter Section 56-d, the amount of $20,449,801 representing principal and interest on municipal bonds and Enterprise Municipal debt, and the amount of $9,046,645 representing capital improvements, are exempt from the budget limitation imposed by City Charter Section 56c. Principal and Interest on Municipal Bonds: 592 New & Anticipated Debt- $ 17,705,393 Principal & Interest Principal and Interest on Enterprise Municipal Debt: 801/802 New & Anticipated Debt- $ 2,744,408 Principal & Interest Total $ 20,449,801 Capital Improvements: 671-24 Comm. Dev. – Land Use Ordinance Re-write 100,000 652-24 Park & Recreation – Swimming Pool Upgrade 30,000 651-38 Public Works/Engineers – Bridges: Manchester St. Bridge 35,350 651-39 Public Works/Engineers – Nashua High North – Pedestrian/Bike 16,795 652-36 Park & Recreation – Main St/Parks Bricks Repair & Fencing 10,000 652-29 Park & Recreation – City-wide Tree Planting 25,000 681-29 School – Deferred Capital Maintenance 600,000 631-09 Police-Robot 15,000 651-40 Public Works/Engineers – Urban Highways 100,000 (Local Share) total match available (see pg 268 Proposed Budget-Note 3) 632-99 Fire Dept. – Deferred Maintenance 80,000 611-11 Admin. Services – Renovations 14 Court St. 22,500 652-39 Park & Recreation – Sandy Pond Improvements 50,000 655-17 Traffic Calming Measures 75,000 671-28 Community Development Downtown Master Plan 165,000 641-04 Community Services – Program Assess. 10,000 641-05 Community Services – Systems Furniture 6,000 641-07 Community Services, Design Services 3,000 641-06 Community Services, Reno. in Welfare Dept. 18,000 Enterprise Fund Capital Improvements 802-25 Sewerage Disposal System (SDS) 1,400,000 Primary Tank Renovation 802-21 SDS – Sewer Replacement/CSO 6,200,000 802-29 SWD – Anaerobic Digester Greenhouse 85,000 Total Capital Improvements $ 9,046,645 Neither the approval and adoption of this budget, or any appropriation contained herein, or to any City department or agency, including the Nashua School district, whether as proposed or amended, shall be deemed to mean that the City has approved any program or responsibility for funding in accordance with Part 1, Article 28-a of the Constitution of the State of New Hampshire. Notwithstanding any appropriation herein, the city hereby expressly declines to approve funding for any program or responsibility for which it is entitled by law to payment from the state of New Hampshire pursuant to Part 1, Article 28-a of the State Constitution, whether it has previously been determined that the City is entitled to said funding or not. PASSED BY THE BOARD OF ALDERMEN – JULY 9, 2002 APPROVED BY THE MAYOR – JULY 15, 2002 ATTEST: PAUL R. BERGERON, CITY CLERK |