City of Somerville header
File #: 199531    Version: 1
Type: Communication Status: Placed on File
File created: 6/23/2015 In control: City Council
On agenda: 6/25/2015 Final action: 6/25/2015
Enactment date: 6/25/2015 Enactment #: 199531
Title: Finance Director conveying the items currently in this Board's Committee on Finance that are associated with the approval of the city's FY 2016 budget.

  Agenda Text

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Finance Director conveying the items currently in this Board's Committee on Finance that are associated with the approval of the city's FY 2016 budget.

 

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Official Text

To the Honorable Board:

 

Presented here, for your information, are the financial items currently before this Board, in the Committee on Finance, that require action in order to finalize FY 2015 and prepare the city to move forward with a budget for FY 2016:

 

Doc #

Short Title

199314

Requesting $10K Transfer from Highway to Admin

199315

Transfer $9,277 from Arts Detail to Police Overtime

199374

Appropriate $3.5M Free Cash to reduce FY2016 Tax Levy

199375

Appropriate $3M Free Cash for snow removal deficit

199376

Appropriate $2M Rainy Day Stab Fund for Snow Removal Deficit

199377

Approve $1,890,020 FY16 CPA Fund budget

199378

Appropriate $1.2M Free Cash to Community Preservation Fund

199380

Transfer $250,000 from various PS Accts to Snow Removal Acct

199381

Appropriate $185,000 FY2016 Dilboy Field Enterprise Fund Budget

199382

Appropriate $140,000 from Free Cash to Fire Overtime

199383

Appropriate $118060 Free Cash to eliminate SPCD Deficits

199384

Appropriate $115,000 Retained Earnings for FY16 Ice Rink Enterprise Fund

199385

Appropriate $27,600 in Free Cash to Dilboy Enterprise Fund

199386

Authorize the SOMERTIME Departmental Revolving Fund

199387

Authorize the Shape Up Somerville Mobile Farmers Market Revolving Fund

199388

Reauthorize Revolving Funds for FY2016

199389

City Clerk Submitting Fee Adjustments

199390

Appropriate $233,446 Free Cash to Salary & Wage Stabilization Fund

199391

Appropriate $200,000 Free Cash to Capital Stabilization Fund

199392

Appropriate $200,000 in Free Cash to the OPEB Trust

199393

Transfer $125,000 ISD Ordinary Maintenance to DPW Snow Removal

199394

Transfer $36,000 Capital Projects Salaries to DPW Snow Removal

199395

Transfer $33,000 ISD Salaries to DPW Snow Removal

199396

Transfer $29,836 SPCD Planning Salaries to DPW Snow Removal

199397

Transfer $26,000 from Treasury Salaries to DPW Snow Removal

199398

Transfer $23,000 SPCD Transfer Salaries to DPW Snow Removal

199399

Transfer $21,456 Auditing Salaries to DPW Snow Removal

199400

Transfer $20,000 SPCD Housing Salaries to DPW Snow Removal

199401

Transfer $13,767 Assessing Salaries to DPW Snow Removal

199402

Transfer $11,163 SPCD Admin Salaries to DPW Snow Removal

199403

Transfer $10,000 COA Salaries to DPW Snow Removal

199404

Transfer $9,700 Veterans Salaries to DPW Snow Removal

199405

Transfer $9,308 E-911 Salaries to DPW Snow Removal

199406

Transfer $8,077 from Somerpromise Salaries to DPW Snow Removal

199407

Transfer $3,000 SRA Salaries to DPW Snow Removal

199434

Transfer $54,351 from Salary Contingency to Salary & Wage Stabilization

199435

Transfer $12K School Salaries to DPW Lines and Lights

199438

Grant - $3,000 grant from SHA for Arts Council

 

Thank you for your consideration of these items. I will be available as needed during your review.

 

Respectfully submitted,

 

Ed Bean, Director of Finance