SomervilleMeetings

23-0933 Mayor's Request Approved

Requesting the appropriation of $7,796,452 from the Unreserved Fund Balance ("Free Cash") to the Facility Renovation and Reconstruction Stabilization Fund to support the FY 2023 5-Year Capital Investment Plan.

Introduced
May 30, 2023
Assigned to
City Council
Enactment #
215564
View on Legistar

History

  1. Jun 14, 2023
    City Council Mayoral Approval
  2. Jun 8, 2023
    City Council Approved · roll call: pass Meeting agenda, item 11.4.
  3. Jun 1, 2023
    City Council Referred for recommendation Meeting agenda, item 7.4.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council appropriate $7,796,452 from the Unreserved Fund Balance ("Free Cash") to the Facility Renovation and Reconstruction Stabilization Fund to support the FY2023 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