City of Somerville header
File #: 209277    Version: 1
Type: Mayor's Request Status: Approved
File created: 11/20/2019 In control: City Council
On agenda: 11/25/2019 Final action: 12/12/2019
Enactment date: 11/26/2019 Enactment #: 209277
Title: Requesting to transfer CPA funds totaling $10,781 from the CPA Fund Budgeted Reserve to designated CPA reserves.
Code sections: Transfer of Funds -
Attachments: 1. City Council FY20 CPA Budget Adjustment

  Agenda Text

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Requesting to transfer CPA funds totaling $10,781 from the CPA Fund Budgeted Reserve to designated CPA reserves.

 

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Official Text

To the Honorable Board:

I respectfully request that your Honorable Board approve the following transfers of Community Preservation Act (CPA) funds totaling $10,781from the CPA Fund Budgeted Reserve to designated CPA reserves, as recommended by the Community Preservation Committee on November 19, 2019, with each item to be considered a separate transfer:

1.                     $2,537 from the Budgeted Reserve to the Open Space/Recreation Reserve

2.                     $1,902 from the Budgeted Reserve to the Historic Resources Reserve

3.                     $6,342 from the Budgeted Reserve to the Community Housing Reserve

Respectfully,

Joseph A. Curtatone

Mayor