City of Somerville header
File #: 212064    Version: 1
Type: Mayor's Request Status: Approved
File created: 6/9/2021 In control: City Council
On agenda: 6/10/2021 Final action: 6/24/2021
Enactment date: 6/10/2021 Enactment #: 212064
Title: Requesting the appropriation of $1,250,000 from Unreserved Fund Balance ("Free Cash") to the Capital Stabilization Fund.
Code sections: Stabilization Fund -

  Agenda Text

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Requesting the appropriation of $1,250,000 from Unreserved Fund Balance ("Free Cash") to the Capital Stabilization Fund.

 

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Official Text

To the Honorable City Council:

 

I respectfully request an appropriation of $1,250,000 from the Unreserved Fund Balance ("Free Cash") to the Capital Stabilization Fund.

 

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

 

Respectfully Submitted,

Joseph A. Curtatone, Mayor