City of Somerville, Massachusetts - File #: 25-1098

• File #: 25-1098
• Version: 1
• Type: Mayor's Request
• Status: Approved
• File created: 6/9/2025
• In control: City Council
• On agenda: 6/12/2025
• Final action: 6/27/2025
• Enactment date: 6/26/2025
• Enactment #: 219203
• Title: Requesting the appropriation of $2,715,270 from the Unreserved Fund Balance ("Free Cash") to the Street Reconstruction and Renovation Stabilization Fund to support the 5-Year Capital Investment Plan.
• Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury
• Code sections: Appropriation/Budget -

Date	Ver.	Action By	Action	Result
6/27/2025	1	City Council	Mayoral Approval
6/26/2025	1	City Council	Approved	Pass
6/12/2025	1	City Council	Laid on the table

Agenda Summary

title

Requesting the appropriation of $2,715,270 from the Unreserved Fund Balance ("Free Cash") to the Street Reconstruction and Renovation Stabilization Fund to support the 5-Year Capital Investment Plan.

body

Official Text

To the Honorable City Council:

The Mayor respectfully requests that this Council appropriate $2,715,270 from the Unreserved Fund Balance ("Free Cash") to the Street Reconstruction and Renovation Stabilization Fund for the purpose of supporting the 5-Year Capital Investment Plan.

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