City of Somerville header
File #: 206084    Version: 1
Type: Mayor's Request Status: Approved
File created: 6/9/2018 In control: City Council
On agenda: 6/14/2018 Final action: 6/28/2018
Enactment date: 6/14/2018 Enactment #: 206084
Title: Requesting an appropriation of $500,000 from Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund.
Code sections: Stabilization Fund -

  Agenda Text

title

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

 

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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