City of Somerville header
File #: 199379    Version: 1
Type: Mayor's Request Status: Approved
File created: 5/29/2015 In control: City Council
On agenda: 6/4/2015 Final action: 6/25/2015
Enactment date: 6/4/2015 Enactment #: 199379
Title: Requesting an appropriation of $888,200 to fund the FY16 Veterans Memorial & Founders Ice Rink Enterprise Fund Budget.
Code sections: Appropriation/Budget -
Attachments: 1. VeteransMemorialIceRinkEnterpriseFundAppropriationOrderFY2016

  Agenda Text

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Requesting an appropriation of $888,200 to fund the FY16 Veterans Memorial & Founders Ice Rink Enterprise Fund Budget.

 

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Official Text

To the Honorable Board:

 

I hereby submit, subject to the approval of your Honorable Board, an appropriation in the amount of $888,200 to fund the Fiscal year 2016 Veterans Memorial & Founders Ice Rink Enterprise Fund Budget. The appropriation is broken down into the attached Personal Services, Ordinary Maintenance, Debt Service, and Special Items Accounts. Program revenue in the amount of $623,200 will be raised to fund the proposed budget. In addition, Retained Earnings in the amount of $115,000 will also be tapped as well as a $150,000 subsidy from the General Fund.

 

Thank you for your attention to this request.

 

Sincerely,

 

Joseph A. Curtatone

Mayor