City of Somerville, Massachusetts - File #: 199374

• File #: 199374
• Version: 1
• Type: Mayor's Request
• Status: Approved
• File created: 5/29/2015
• In control: City Council
• On agenda: 6/4/2015
• Final action: 6/25/2015
• Enactment date: 6/4/2015
• Enactment #: 199374
• Title: Requesting an appropriation of $3,500,000 from Unreserved Fund Balance ("Free Cash") to reduce the FY2016 Tax Levy.
• Code sections: Appropriation/Budget -

Date	Ver.	Action By	Action	Result
7/13/2015	6	BOA	Mayoral Approval
6/25/2015	5	City Council	Approved
6/4/2015	4	City Council	Referred for recommendation

  Agenda Text

title

Requesting an appropriation of $3,500,000 from Unreserved Fund Balance ("Free Cash") to reduce the FY2016 Tax Levy.

body

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 2016 tax levy. 

Thank you for your consideration.

Respectfully submitted,

Joseph A. Curtatone

Mayor