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City of Somerville header
File #: 25-1102    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 #: 219206
Title: Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Traffic Safety Stabilization Fund for traffic safety improvements.
Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury
Code sections: Appropriation/Budget -

Agenda Summary

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Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Traffic Safety Stabilization Fund for traffic safety improvements.

 

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Official Text

To the Honorable City Council:

 

The Mayor respectfully requests that this Council appropriate $500,000 from the Unreserved Fund Balance ("Free Cash") to the Traffic Safety Stabilization Fund  for needed Traffic Safety improvements.

 

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