City of Somerville header
File #: 210297    Version: 1
Type: Mayor's Request Status: Approved
File created: 6/10/2020 In control: City Council
On agenda: 6/11/2020 Final action: 6/25/2020
Enactment date: 6/11/2020 Enactment #: 210297
Title: Requesting the appropriation of $699,725 from the Water Enterprise Fund Retained Earnings Account to subsidize the FY21 Water Enterprise Fund Budget.
Code sections: Appropriation/Budget -

  Agenda Text

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Requesting the appropriation of $699,725 from the Water Enterprise Fund Retained Earnings Account to subsidize the FY21 Water Enterprise Fund Budget.

 

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Official Text

To the Honorable City Council:

 

I respectfully request an appropriation of $699,725 from the Water Enterprise Fund Retained Earnings certified as of July 1, 2019 for the purpose of subsidizing the FY2021 Water Enterprise Fund Budget.

 

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

 

Respectfully Submitted,

Joseph A. Curtatone, Mayor