City of Somerville, Massachusetts - File #: 213753

• File #: 213753
• Version: 1
• Type: Mayor's Request
• Status: Approved
• File created: 5/9/2022
• In control: City Council
• On agenda: 5/12/2022
• Final action: 5/26/2022
• Enactment date: 5/12/2022
• Enactment #: 213753
• Title: Requesting the appropriation of $243,471 from the Unreserved Fund Balance ("Free Cash") Account to the Energy Stabilization Fund.
• Code sections: Stabilization Fund -

Date	Ver.	Action By	Action	Result
6/3/2022	6	BOA	Mayoral Approval
5/26/2022	5	City Council	Approved
5/24/2022	4	Finance	Approved
5/12/2022	3	City Council	Referred for recommendation

  Agenda Text

title

Requesting the appropriation of $243,471 from the Unreserved Fund Balance ("Free Cash") Account to the Energy Stabilization Fund.

body

Official Text

To the Honorable City Council:

I respectfully request an appropriation of $243,471from the Unreserved Fund Balance ("Free Cash")  to the Energy Stabilization Fund.

The amount requested represents the savings generated from recent energy conservation projects.

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

Respectfully Submitted,

Katjana Ballantyne, Mayor