SomervilleMeetings

24-0830 Mayor's Request Approved

Requesting the appropriation of $403,187 from the Unreserved Fund Balance ("Free Cash") to the Energy Stabilization Fund for projects that reduce carbon emissions and energy costs.

Introduced
May 26, 2024
Assigned to
City Council
Enactment #
217289
View on Legistar

History

  1. Jun 25, 2024
    City Council Mayoral Approval
  2. Jun 20, 2024
    City Council Approved · roll call: pass Meeting agenda, item 6.H.17.
  3. Jun 18, 2024
    Finance Recommended to be discharged with no recommendation Meeting agenda, item 21.
  4. May 30, 2024
    City Council Referred for recommendation Meeting agenda, item 7.18.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council appropriate $403,187 from the Unreserved Fund Balance ("Free Cash") to the Energy Stabilization Fund for the purpose of funding projects that reduce carbon emissions and energy costs for city operations. The amount appropriated is the amount estimated to be savings incurred from the period February 1, 2023-April 30, 2024. 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