City of Somerville, Massachusetts - File #: 212519

• File #: 212519
• Version: 1
• Type: Mayor's Request
• Status: Approved
• File created: 10/4/2021
• In control: City Council
• On agenda: 10/14/2021
• Final action: 10/28/2021
• Enactment date: 10/14/2021
• Enactment #: 212519
• Title: Requesting approval to appropriate $1,023,399 from the Water Capital Stabilization Fund to the Water Enterprise Fund in order to balance the FY 2022 Water Enterprise Fund budget.
• Code sections: Stabilization Fund -

Date	Ver.	Action By	Action	Result
11/4/2021	7	BOA	Mayoral Approval
10/28/2021	6	City Council	Approved
10/26/2021	5	Finance	Approved
10/14/2021	4	City Council	Referred for recommendation

  Agenda Text

title

Requesting approval to appropriate $1,023,399 from the Water Capital Stabilization Fund to the Water Enterprise Fund in order to balance the FY 2022 Water Enterprise Fund budget.

body

Official Text

To the Honorable City Council:

I respectfully request that your Honorable City Council appropriate $1,023,399 from the Water Capital Stabilization Fund to the Water Enterprise Fund. This transfer was highlighted as part of the approved Fiscal Year 2022 Water Enterprise budget in order to fund necessary infrastructure improvements.

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

Respectfully Submitted,

Joseph A. Curtatone, Mayor