City of Somerville, Massachusetts - File #: 208341

• File #: 208341
• Version: 1
• Type: Mayor's Request
• Status: Placed on File
• File created: 6/3/2019
• In control: City Council
• On agenda: 6/3/2019
• Final action: 6/27/2019
• Enactment date: 6/5/2019
• Enactment #: 208341
• Title: Requesting an appropriation of $928,436 to fund the FY2020 Veterans Memorial & Founders Ice Rink Enterprise Fund Budget.
• Code sections: Appropriation/Budget -

Date	Ver.	Action By	Action	Result
6/27/2019	6	City Council	Placed on file
6/26/2019	5	Finance	Approved as amended
6/25/2019	4	Finance	Kept in committee
6/5/2019	3	City Council	Referred for recommendation

  Agenda Text

title

Requesting an appropriation of $928,436 to fund the FY2020 Veterans Memorial & Founders Ice Rink Enterprise Fund Budget.

body

Official Text

To the Honorable City Council:

I hereby submit, subject to the approval of your Honorable Council, an appropriation in the amount of $928,436 to fund the Fiscal year 2020 Veterans Memorial & Founders Ice Rink Enterprise Fund Budget. The appropriation is broken down into the attached Personal Services, Ordinary Maintenance, Debt Service, and Special Items Accounts. Program revenue in the amount of $635,425 will be raised to fund the proposed budget. In addition, Retained Earnings in the amount of $35,115 will also be tapped as well as a $257,896 subsidy from the General Fund.

Thank you for your attention to this request.

Respectfully Submitted,

Joseph A. Curtatone, Mayor