City of Somerville header
File #: 189791    Version: 1
Type: Mayor's Request Status: Approved
File created: 6/14/2010 In control: City Council
On agenda: 6/15/2010 Final action: 7/16/2010
Enactment date: 6/29/2010 Enactment #: 189791
Title: Request an appropriation of $3,500,000 from Free Cash to reduce the Fiscal Year 2011 tax levy
Code sections: Appropriation/Budget -

  Agenda Text

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Request an appropriation of $3,500,000 from Free Cash to reduce the Fiscal Year 2011 tax levy

 

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Official Text

To the Honorable Board of Aldermen:

 

I respectfully request an appropriation in the amount of three million, five hundred thousand dollars ($3,500,000) from Unreserved Fund Balance (“Free Cash”) for the purpose of reducing the Fiscal Year 2011 tax levy. 

 

Thank you for your consideration.

 

Respectfully submitted,