City of Somerville header
File #: 189792    Version: 1
Type: Mayor's Request Status: Approved
File created: 6/15/2010 In control: City Council
On agenda: 6/15/2010 Final action: 7/16/2010
Enactment date: 6/29/2010 Enactment #: 189792
Title: Request to Appropriate $850,000 from Free Cash to the Capital Projects Stabilization Fund for the purpose of funding necessary Capital Improvements
Code sections: Stabilization Fund -
Attachments: 1. FreeCashtoStab11

  Agenda Text

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Request to Appropriate $850,000 from Free Cash to the Capital Projects Stabilization Fund for the purpose of funding necessary Capital Improvements

 

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Official Text

To the Honorable Board of Aldermen:

 

I respectfully request an appropriation in the amount of eight hundred fifty thousand dollars ($850,000.00) from Unreserved Fund Balance (“Free Cash”) to the Capital Projects Stabilization Fund for the purpose of funding necessary Capital Improvements in Fiscal Year 2011 and beyond 

 

Thank you for your consideration.

 

Respectfully,