City of Somerville header
File #: 189809    Version: 1
Type: Mayor's Request Status: Approved
File created: 6/24/2010 In control: City Council
On agenda: 6/24/2010 Final action: 7/16/2010
Enactment date: 6/29/2010 Enactment #: 189809
Title: Requesting an Appropriation of $1,000,000 of Sewer Retained Earnings to Fund the FY2011 Sewer Enterprise Budget.
Code sections: Appropriation/Budget -
Attachments: 1. 6.23.10 Sewer Retained Earnings Request

  Agenda Text

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Requesting an Appropriation of $1,000,000 of Sewer Retained Earnings to Fund the FY2011 Sewer Enterprise Budget.

 

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Official Text

To the Honorable Board of Aldermen:

 

The Department of Public Works Sewer Enterprise requests that the Board of Aldermen vote to appropriate $1,000,000 of Sewer Retained Earnings to fund the FY2011 Sewer Enterprise Budget. This appropriation will help to mitigate rate increases which would be necessary to pass on to the rate-payers.

 

Attached is a proposed communication to the Board of Aldermen requesting approval of this matter.

 

Respectfully submitted