City of Somerville header
File #: 201596    Version: 1
Type: Mayor's Request Status: Approved
File created: 6/2/2016 In control: City Council
On agenda: 6/3/2016 Final action: 6/23/2016
Enactment date: 6/7/2016 Enactment #: 201596
Title: Requesting an appropriation of $1,400,000 from Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund.
Code sections: Stabilization Fund -

  Agenda Text

title

Requesting an appropriation of $1,400,000 from Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund.

 

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Official Text

 

To the Honorable Board:

 

I respectfully request an appropriation of $1,400,000 from Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund to fund needed Capital Projects in the City's Capital Investment Plan 2016-2025.

 

Sincerely,

 

Joseph A. Curtatone

Mayor