City of Somerville header
File #: 24-0821    Version: 1
Type: Mayor's Request Status: Approved
File created: 5/26/2024 In control: City Council
On agenda: 5/30/2024 Final action: 6/25/2024
Enactment date: 6/20/2024 Enactment #: 217280
Title: Requesting approval of the expenditure limitations for departmental Revolving Funds for FY 2025.
Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury
Code sections: Appropriation/Budget -
Attachments: 1. DepartmentalRevolvingSpendingCapsFY25

Agenda Summary

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Requesting approval of the expenditure limitations for departmental Revolving Funds for FY 2025.

 

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Official Text

To the Honorable City Council:

 

The Mayor respectfully requests approval of the FY2025 Expenditure Limitations for Departmental Revolving Funds under the provisions of MGL Chapter 44, Section 53 1/2. The recommended expenditure limitations per fund are attached to this communication.

 

Appropriate staff will be available to answer any questions you may have. Thank you for your consideration of this matter.

 

Respectfully Submitted,

Katjana Ballantyne, Mayor