SomervilleMeetings

23-0943 Mayor's Request Approved

Requesting the appropriation of $5,890,276 from the Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund to support the FY 2023 5-Year Capital Investment Plan.

Introduced
May 30, 2023
Assigned to
City Council
Enactment #
215681
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History

  1. Jun 27, 2023
    City Council Mayoral Approval
  2. Jun 22, 2023
    City Council Approved · roll call: pass Meeting agenda, item 6.J32.
  3. Jun 21, 2023
    Finance Recommended to be discharged with no recommendation Meeting agenda, item 23.
  4. Jun 1, 2023
    City Council Referred for recommendation Meeting agenda, item 10.4.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council appropriate $5,890,276 from the Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund for the purpose of funding 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