City of Somerville, Massachusetts - File #: 23-1661

• File #: 23-1661
• Version: 1
• Type: Mayor's Request
• Status: Approved
• File created: 11/5/2023
• In control: City Council
• On agenda: 11/9/2023
• Final action: 11/30/2023
• Enactment date: 11/21/2023
• Enactment #: 216312
• Title: Requesting the appropriation of $2,502,191 from the Receipts Reserved for Appropriation, Parking Meter Receipts Account to reduce the FY 2024 Tax Rate.
• Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury
• Code sections: Appropriation/Budget -

Date	Ver.	Action By	Action	Result
11/30/2023	1	City Council	Mayoral Approval
11/21/2023	1	City Council	Approved	Pass
11/14/2023	1	Finance Committee	Recommended to be approved	Pass
11/9/2023	1	City Council	Referred for recommendation

Agenda Summary

title

Requesting the appropriation of $2,502,191 from the Receipts Reserved for Appropriation, Parking Meter Receipts Account to reduce the FY 2024 Tax Rate.

body

Official Text

To the Honorable City Council:

The Mayor respectfully requests that this Council approve the appropriation of $2,502,191 from the Receipts Reserved for Appropriation, Parking Meter Receipts Account, for the purpose of reducing the FY2024 Tax Rate.

This appropriation is required for the FY2024 Tax Recapitulation Sheet Filing to the Massachusetts Department of Revenue for approval of the FY2024 Tax Rate.

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

Respectfully Submitted,

Katjana Ballantyne, Mayor