City of Somerville header
File #: 206273    Version: 1
Type: Mayor's Request Status: Approved
File created: 6/27/2018 In control: City Council
On agenda: 6/28/2018 Final action: 6/28/2018
Enactment date: 6/28/2018 Enactment #: 206273
Title: Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Salary and Wage Stabilization Fund.
Code sections: Stabilization Fund -

  Agenda Text

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Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Salary and Wage Stabilization Fund.

 

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Official Text

To the Honorable Board:

 

I respectfully request an appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Salary & Wage Stabilization Fund.

 

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

 

Respectfully Submitted,

Joseph A. Curtatone, Mayor