SomervilleMeetings

25-1101 Mayor's Request Approved

Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund to support the 5-Year Capital Investment Plan.

Introduced
Jun 9, 2025
Assigned to
City Council
Enactment #
219205
View on Legistar

History

  1. Jun 27, 2025
    City Council Mayoral Approval
  2. Jun 26, 2025
    City Council Approved · roll call: pass Meeting agenda, item 5.13.
  3. Jun 12, 2025
    City Council Laid on the table Meeting agenda, item 7.18.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council appropriate $500,000 from the Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund for the purpose of funding the 5-Year Capital Investment Plan. 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