SomervilleMeetings

24-1606 Mayor's Request Approved

Requesting the appropriation of $2,400,000 from the Receipts Reserved for Appropriation, Parking Meter Receipts Account to reduce the FY 2025 Tax Rate.

Introduced
Nov 11, 2024
Assigned to
City Council
Enactment #
217981
View on Legistar

History

  1. Dec 5, 2024
    City Council Mayoral Approval
  2. Nov 26, 2024
    City Council Approved · roll call: pass Meeting agenda, item 11.1.
  3. Nov 14, 2024
    City Council Referred for recommendation Meeting agenda, item 7.2.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council approve the appropriation of $2,400,000 from the Receipts Reserved for Appropriation, Parking Meter Receipts Account, for the purpose of reducing the FY2025 Tax Rate. This appropriation is required for the FY2025 Tax Recapitulation Sheet Filing to the Massachusetts Department of Revenue for approval of the FY2025 Tax Rate. Appropriate staff will be available to address any questions you may have. Thank you for your consideration of this item. Respectfully Submitted, Katjana Ballantyne, Mayor