City of Somerville, Massachusetts - File #: 24-1431

• File #: 24-1431
• Version: 1
• Type: Mayor's Request
• Status: Approved
• File created: 9/27/2024
• In control: City Council
• On agenda: 10/10/2024
• Final action: 10/29/2024
• Enactment date: 10/24/2024
• Enactment #: 217863
• Title: Requesting the transfer of $174,776 from the Community Preservation Act (CPA) Fund Undesignated Fund Balance to the Open Space Reserve.
• Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury, SPCD-Community Preservation
• Code sections: Transfer of Funds -

Date	Ver.	Action By	Action	Result
10/29/2024	1	City Council	Mayoral Approval
10/24/2024	1	City Council	Approved	Pass
10/22/2024	1	Finance Committee	Recommended to be approved	Pass
10/10/2024	1	City Council	Referred for recommendation

Agenda Summary

title

Requesting the transfer of $174,776 from the Community Preservation Act (CPA) Fund Undesignated Fund Balance to the Open Space Reserve.

body

Official Text

To the Honorable City Council:

The Mayor respectfully requests that this Council transfer $174,776 from the Community Preservation Act (CPA) Fund Undesignated Fund Balance to the Open Space Reserve to facilitate the Community Preservation Committee's Artfarm recommendation.

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