SomervilleMeetings

24-0840 Mayor's Request Approved

Requesting the appropriation of $1,432,778 from the Water Enterprise Fund Retained Earnings Account to the FY 2025 Water Enterprise Fund budget.

Introduced
May 27, 2024
Assigned to
City Council
Enactment #
217299
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.27.
  3. Jun 18, 2024
    Finance Recommended to be discharged with no recommendation Meeting agenda, item 11.
  4. May 30, 2024
    City Council Referred for recommendation Meeting agenda, item 7.21.

Official text

To the Honorable City Council: I respectfully request an appropriation of $1,432,778 from the Water Enterprise Retained Earnings Account certified as of July 1, 2023 to the FY 2025 Water Enterprise Fund Budget. This appropriation will serve as a budgeted subsidy to the FY 2025 Water Enterprise Fund Budget. My staff will be available to address any questions you may have. Thank you for your consideration of this item. Respectfully Submitted, Katjana Ballantyne, Mayor