City of Somerville, Massachusetts - File #: 203661

• File #: 203661
• Version: 1
• Type: Mayor's Request
• Status: Approved
• File created: 6/8/2017
• In control: City Council
• On agenda: 6/8/2017
• Final action: 6/22/2017
• Enactment date: 6/8/2017
• Enactment #: 203661
• Title: Requesting an appropriation of $500,000 from Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund.
• Code sections: Stabilization Fund -

Date	Ver.	Action By	Action	Result
6/26/2017	6	BOA	Mayoral Approval
6/22/2017	5	City Council	Approved
6/22/2017	4	Finance	Recommended to be discharged with no recommendation
6/8/2017	3	City Council	Referred for recommendation

  Agenda Text

title

Requesting an appropriation of $500,000 from Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund.

body

Official Text

To the Honorable Board:

I respectfully request an appropriation of $500,000 from Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund to fund pay-as-you go Capital Projects.

Sincerely,

Joseph A. Curtatone

Mayor