City of Somerville header
File #: 24-0574    Version: 1
Type: Mayor's Request Status: Approved
File created: 4/19/2024 In control: City Council
On agenda: 4/25/2024 Final action: 5/14/2024
Enactment date: 5/9/2024 Enactment #: 217050
Title: Requesting the appropriation of $248,111 from the Unreserved Fund Balance ("Free Cash") to the Department of Public Works Buildings Natural Gas Account for the remediation of an expected year end deficit.
Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury, Public Works
Code sections: Appropriation/Budget -

Agenda Summary

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Requesting the appropriation of $248,111 from the Unreserved Fund Balance ("Free Cash") to the Department of Public Works Buildings Natural Gas Account for the remediation of an expected year end deficit.

 

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Official Text

To the Honorable City Council:

 

The Mayor respectfully requests that this Council appropriate $248,111 from the Unreserved Fund Balance ("Free Cash") to the Department of Public Works, Building Division, Natural Gas Account, [0140752-521002], for the purpose of remediation of an expected year-end deficit.

 

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