SomervilleMeetings

24-0826 Mayor's Request Placed on File

Requesting the appropriation of $1,600,000 from the Unreserved Fund Balance ("Free Cash") to the Sewer Stabilization Fund to support the Water-Sewer Capital Investment Plan.

Introduced
May 26, 2024
Assigned to
City Council
Enactment #
217285

History

  1. Jun 20, 2024
    City Council Placed on file · roll call: pass Meeting agenda, item 6.H.13.
  2. Jun 18, 2024
    Finance Recommended to be discharged with no recommendation Meeting agenda, item 25.
  3. May 30, 2024
    City Council Referred for recommendation Meeting agenda, item 7.10.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council appropriate $1,600,000 from the Unreserved Fund Balance ("Free Cash") to the Sewer Stabilization Fund for the purpose of funding capital projects in the Water-Sewer 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