City of Somerville, Massachusetts - File #: 210296

• File #: 210296
• 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 #: 210296
• Title: Requesting the appropriation of $15,914,535 to fund the FY21 Water Enterprise Fund Budget.
• Code sections: Appropriation/Budget -

Date	Ver.	Action By	Action	Result
6/29/2020	9	BOA	Mayoral Approval
6/25/2020	7	City Council	Approved
6/23/2020	6	Finance	Approved
6/22/2020	5	Finance	Kept in committee
6/18/2020	8	Finance	Kept in committee
6/16/2020	4	Finance	Kept in committee
6/11/2020	3	City Council	Referred for recommendation

  Agenda Text

title

Requesting the appropriation of $15,914,535 to fund the FY21 Water Enterprise Fund Budget.

body

Official Text

To the Honorable City Council:

I hereby submit, subject to the approval of your Honorable Board, an appropriation in the amount of    $15,914,535  to fund the Fiscal year 2021 Water Enterprise Fund Budget. The Water Enterprise Fund Budget is broken down into the attached appropriations in the categories of Personal Services, Ordinary Maintenance, Special Items, Capital Outlay, and Debt Service.

Sufficient revenues shall be raised from charges to meet said appropriation in addition to an estimated $713,220 in indirect costs funded in the General Fund. Retained Earnings in the amount of $699,725 will be appropriated as a source of funds for the Budget.

Thank you for your attention to this request.

Respectfully Submitted,

Joseph A. Curtatone, Mayor