City of Somerville header
File #: 24-0833    Version: 1
Type: Mayor's Request Status: Approved
File created: 5/28/2024 In control: City Council
On agenda: 5/30/2024 Final action: 6/25/2024
Enactment date: 6/20/2024 Enactment #: 217292
Title: Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Traffic Safety Stabilization Fund for traffic safety improvements.
Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury, SPCD-Mobility
Code sections: Appropriation/Budget -

Agenda Summary

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Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Traffic Safety Stabilization Fund for traffic safety improvements.

 

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Official Text

To the Honorable City Council:

 

The Mayor respectfully requests that this Council appropriate $500,000 from the Unreserved Fund Balance ("Free Cash") to the Traffic Safety Stabilization Fund  for needed Traffic Safety improvements.

 

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