Annual Report of The
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Annual Report of the City of Nashua New Hampshire 155th Municipal Government Report 2008 City of Nashuai 155th MUNICIPAL GOVERNMENT REPORT FISCAL YEAR JULY 1, 2007 – JUNE 30, 2008 Office of the City Clerk Paul R. Bergeron, City Clerk Patricia E. Lucier, Deputy City Clerk July 2007 – January 2008 Tricia Piecuch, Deputy City Clerk January 2008 – June 2008 Printed by: Ralph B. Jackson Municipal Government Report ii City of Nashua “I know of no safe depository of the ultimate powers of society but the people themselves; and if we think them not enlightened enough to exercise their control with a wholesome discretion, the remedy is not to take it from them but to inform their discretion by education.” Thomas Jefferson, 1820 The 2007 – 2008 Municipal Government Report for the City of Nashua has been compiled through the efforts of your local city officials, to serve as a permanent record of the past year. Many hours of work went into its preparation, and for this we thank our very dedicated city employees who contributed to this report. We hope you find this report informative and interesting. In addition to FY08 department reports, the 2008 Municipal Annual Report includes some images from Nashua’s 1908 Municipal Government Report and the 1908 Nashua Directory of the Inhabitants, Institutions, Manufacturing Establishments, Societies, Business Firms, Index, Map, State Census, Etc. published by the W.A. Greenough & Co. of Boston. We welcome your questions and comments regarding any of the material contained in this report. Feel free to call us at 589-3010 or email us at [email protected]. Paul R. Bergeron City Clerk iii Municipal Government Report Nashua Police Department: 35 Years Ago… The Nashua Police Department entrance was located) and the City Clerk’s Office moved from City Hall to its (where the police vehicle garage was located). present location on Panther The word POLICE, engraved on the south side of Drive, near the intersection of City Hall, remains however, and on occasion, a West Hollis Street and Route 3, resident or visitor will come into the City Clerk’s in 1979. Prior to that time, the Office looking for the location of the “Police Police Department was Department” in City Hall. headquartered at City Hall and had an entrance on the south side of the building, facing West Hollis Street. This photo, taken in 1972, shows how the entrance appeared as viewed through the iron rail abutting the railroad tracks. Today, the Nashua Rail Trail follows the path of the removed tracks, the fencing is gone, and the south entrance to City Hall has been removed. The portion of the building which housed the Police Department is now occupied by a number of municipal departments including Reprinted by permission, Nashua Telegraph, 1972. the Human Resources Photo by Paul R. Bergeron. Department (where the south City Hall: Today… l to r: south side of City Hall today; Nashua Heritage Rail Trail runs parallel to City Hall and W. Hollis St., site of former railroad tracks; Elm Street side of City Hall retains outline of Police Department’s former garage bay doors. iv City of Nashua INFORMATIONAL STATISTICS October 26, 1673: The General Assembly of Massachusetts granted a Charter to the Township of Dunstable. August 5, 1740: King George II settled the boundary lines between Massachusetts and New Hampshire substantially as they are today. April 4, 1746: The Province of New Hampshire granted a Charter to the Township of Dunstable (in New Hampshire.) July 20, 1764: King George III established the boundary between New Hampshire and New York along the west bank of the Connecticut River, north of Massachusetts and south of the parallel of 45 degrees north latitude. This line became the boundary between New Hampshire and Vermont and has not changed to the present. December 15, 1836: Name of Dunstable changed to Nashua. January 23, 1842: Nashua divided. Nashville: North Side of River Nashua: South Side of River 1843: Town Hall completed 1853: Nashville united with Nashua and received City Charter SEAL OF THE CITY The seal of the City of Nashua shall consist of a circular disk, upon the outer edge of which shall be inserted the words "TOWNSHIP OF DUNSTABLE, 1673," and upon the bottom of the disc the words "CITY OF NASHUA, 1853." In the foreground shall be an anvil and hammer, a plough, a bale of goods, a regulator and a horn of plenty. Across the center of the disc shall be represented a bridge and train of railroad cars; in the background shall be a cotton mill and iron foundry. In the upper center shall be two clasped hands. The whole to be enclosed in a laurel wreath. INTERPRETATION Laurel - symbolized victory, the conquest of the wilderness Dunstable became a plantation in 1673 Nashua was incorporated as a city in 1853 The clasped hands symbolize the union of Nashua and Nashville The articles in the foreground symbolize the chief occupations and leading industries of Nashua. v Municipal Government Report vi City of Nashua vii Municipal Government Report viii City of Nashua 1 Municipal Government Report City of Nashua, New Hampshire Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2008 TABLE OF CONTENTS INTRODUCTORY SECTION: Page Transmittal Letter 6 Organizational Chart 13 Principal Officials 14 Division and Department Heads 15 Geographic Location 17 Certificate of Achievement 18 FINANCIAL SECTION: Independent Auditors' Report 19 Management's Discussion and Analysis 21 Basic Financial Statements: Government-Wide Financial Statements: Statement of Net Assets 36 Statement of Activities 37 Fund Financial Statements: Governmental Funds: Balance Sheet 39 Reconciliation of Total 40 Governmental Fund Balances to Net Assets of Governmental Activities in the Statement of Net Assets Statement of Revenues, 41 Expenditures, and Changes in Fund Balances Reconciliation of the 42 Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities Statement of Revenues and Other 43 Sources, and Expenditures and Other Uses - Budget and Actual - General Fund 2 City of Nashua Page Proprietary Funds: Statement of Net Assets 44 Statement of Revenues, 45 Expenses, and Changes in Fund Net Assets Statement of Cash Flows 46 Fiduciary Funds: Statement of Fiduciary 47 Net Assets Statement of Changes in 48 Fiduciary Net Assets Notes to Financial Statements 49 Nashua Airport Authority Footnotes 77 REQUIRED SUPPLEMENTARY INFORMATION: Schedule of Funding Progress 84 SUPPLEMENTARY STATEMENTS AND SCHEDULES: Governmental Funds: Combining Financial Statements: Combining Balance Sheet - 87 Nonmajor Governmental Funds Combining Statement of Revenues, 93 Expenditures, and Changes in Fund Equity - Nonmajor Governmental Funds Detail and Combining Budget and Actual Statements: Detail Schedule of Revenues and 100 Other Financing Sources - Budget and Actual - General Fund Detail Schedule of Expenditures and 101 Other Financing Uses - Budget and Actual - General Fund 3 Municipal Government Report Page Proprietary Funds: Schedule of Revenues and Expenses - 103 Budget and Actual - Enterprise Funds Fiduciary Funds: Combining Statement of Changes in 106 Assets and Liabilities - Agency Fund STATISTICAL SECTION: Financial Trends Net Assets by Component - Last Ten Fiscal Years 108 Changes in Net Assets - Last Ten Fiscal Years 109 Fund Balances, Governmental Funds - Last 110 Ten Fiscal Years Changes in Fund Balances, Governmental Funds - 111 Last Ten Fiscal Years Expenditures and Other Financing Uses by 112 Department and Budget Category, General Fund - Last Ten Fiscal Years Combined Enterprise Funds Revenue, Expendi- 113 tures, Other Financing Sources and Uses and Change in Total Net Assets - Last Ten Fiscal Years General Government Tax Revenues by Source - 114 Last Ten Fiscal Years Revenue Capacity Property Tax Levies and Collections - 115 Last Ten Fiscal Years Assessed and Estimated Full Value of Real 116 Property - Last Ten Fiscal Years Principal Taxpayers - Current Year and 117 Nine Years Ago 4 City of Nashua Page Property Tax Rates per $1,000 of Assessed 118 Value - Direct and Overlapping Governments - Last Ten Fiscal Years Utility Fund Net Budget, Billable Volumes and Rates, 119 Last Ten Fiscal Years Nashua's Share of the Hillsborough County Tax 120 Apportionment - Last Ten Fiscal Years Debt Capacity Ratios of Long Term Debt Outstanding and Legal 121 Debt Limits - Last Ten Fiscal Years Ratios of Outstanding Debt by Debt Type - 122 Last Ten Fiscal Years Computation of Overlapping Debt - Hillsborough 123 County Long Term Debt - Last Ten Fiscal years Demographic and Economic Information Demographic Statistics - Last Ten Fiscal Years 124 Principal Employers - Current Year and Nine Years Ago 125 Operating Information Operating Indicators by Function - Last Ten Fiscal Years 126 Capital Asset Statistics by Function - 127 Last Ten Fiscal years City Government Employees by Division - Full Time 128 Equivalents - Last Ten Fiscal Years Student/Teacher Statistical Information - 129 Last Ten Fiscal Years School Department Operating Statistics - 130 Last Ten Fiscal Years 5 Municipal Government Report 6 City of Nashua 7 Municipal Government Report 8 City of Nashua 9 Municipal Government Report 10 City of Nashua 11 Municipal Government Report 12 City of Nashua 13 Municipal Government Report 14 City of Nashua 15 Municipal Government Report 16 City of Nashua 17 Municipal Government Report 18 City of Nashua 19 Municipal Government Report 20 City of Nashua 21 Municipal Government Report 22 City of Nashua 23 Municipal Government Report 24 City of Nashua 25 Municipal Government Report 26 City of Nashua 27 Municipal Government Report 28 City of Nashua 29 Municipal Government Report 30 City of Nashua 31 Municipal Government Report 32 City of Nashua 33 Municipal Government Report 34 City of Nashua 35 Municipal Government Report 36 City of Nashua 37 Municipal Government Report 38 City of Nashua 39 Municipal Government Report 40 City of Nashua 41 Municipal Government Report See notes to financial statements. 42 City of Nashua 43 Municipal Government Report See notes to financial statements.