City of Somerville header
File #: 212518    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 #: 212518
Title: Requesting approval to appropriate $1,235,641 from the Sewer Capital Stabilization Fund to the Sewer Enterprise Fund in order to balance the FY 2022 Sewer Enterprise Fund budget.
Code sections: Stabilization Fund -

  Agenda Text

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Requesting approval to appropriate $1,235,641 from the Sewer Capital Stabilization Fund to the Sewer Enterprise Fund in order to balance the FY 2022 Sewer Enterprise Fund budget.

 

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Official Text

To the Honorable City Council:

 

I respectfully request that your Honorable City Council transfer $1,235,641 from the Sewer Capital Stabilization Fund to the Sewer Enterprise Fund. This transfer was highlighted as part of the approved Fiscal Year 2022 Sewer 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