Legislation Details

File #: 26-1223    Version: 1
Type: Mayor's Request Status: Approved
File created: 7/16/2026 In control: City Council
On agenda: 8/27/2026 Final action: 8/31/2026
Enactment date: 8/27/2026 Enactment #: 221138
Title: Requesting approval of an inter-fund transfer of $1,000 from the Sewer Enterprise Debt Service Account to the Somerville Avenue Infrastructure Improvement Sewer Capital Fund Union Square Sewer Bond Account to fund required project expenditures.
Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury, Water & Sewer
Code sections: Transfer of Funds -

Agenda Summary

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Requesting approval of an inter-fund transfer of $1,000 from the Sewer Enterprise Debt Service Account to the Somerville Avenue Infrastructure Improvement Sewer Capital Fund Union Square Sewer Bond Account to fund required project expenditures.

 

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Official Text

To the Honorable City Council:

 

The Mayor respectfully requests that this Council approve the transfer of $1,000 from the Sewer Enterprise Debt Service Account (640059-591000) to Somerville Avenue Infrastructure Improvement Sewer Capital Fund (6409-497005) to pay for required project expenditures. This transfer is made in lieu of borrowing for project expenditures.

 

Appropriate staff will be available to answer any questions you may have. Thank you for your consideration of this matter.

 

Respectfully Submitted,

Jake Wilson, Mayor