City of Somerville header
File #: 213936    Version: 1
Type: Mayor's Request Status: Approved
File created: 6/1/2022 In control: City Council
On agenda: 6/2/2022 Final action: 6/23/2022
Enactment date: 6/2/2022 Enactment #: 213936
Title: Requesting the appropriation of $291,706 from the Unreserved Fund Balance ("Free Cash") Account to the Energy Stabilization Fund.
Code sections: Stabilization Fund -

  Agenda Text

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Requesting the appropriation of $291,706 from the Unreserved Fund Balance ("Free Cash") Account to the Energy Stabilization Fund.

 

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Official Text

To the Honorable City Council:

 

I respectfully request an appropriation of $291,706 from the Unreserved Fund Balance ("Free Cash")  Account to the Energy Stabilization Fund for the purpose of funding projects that reduce carbon emissions and energy costs for city operations.

 

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

 

Respectfully Submitted,

Katjana Ballantyne, Mayor