City of Somerville, Massachusetts - File #: 210117

• File #: 210117
• Version: 1
• Type: Order
• Status: Approved
• File created: 4/27/2020
• In control: City Council
• On agenda: 4/28/2020
• Final action: 10/8/2020
• Enactment date: 4/28/2020
• Enactment #: 210117
• Title: That the Director of Finance provide a written rolling cash flow analysis every 2 weeks during this COVID-19 emergency and include forecasts to ensure sufficient operating liquidity by estimating the available cash deposits, expected inflows, and required disbursements.
• Sponsors: Katjana Ballantyne

Date	Ver.	Action By	Action	Result
10/8/2020	11	City Council	Work completed
10/6/2020	10	Finance	Work completed
9/8/2020	9	Finance	Kept in committee
6/10/2020	8	Finance	Kept in committee
6/4/2020	7	Finance	Kept in committee
6/1/2020	6	Finance	Kept in committee
5/26/2020	5	Finance	Kept in committee
5/18/2020	4	Finance	Kept in committee
5/6/2020	3	Finance	Kept in committee
4/28/2020	2	City Council	Approved

  Agenda Text

title

That the Director of Finance provide a written rolling cash flow analysis every 2 weeks during this COVID-19 emergency and include forecasts to ensure sufficient operating liquidity by estimating the available cash deposits, expected inflows, and required disbursements.

body

Official Text

That the Director of Finance provide a written rolling cash flow analysis every 2 weeks during this COVID-19 emergency and include forecasts to ensure sufficient operating liquidity by estimating the available cash deposits, expected inflows, and required disbursements during a given period to measure and assess the government’s ability to meet its liquidity needs.