City of Somerville, Massachusetts - File #: 213919

• File #: 213919
• Version: 1
• Type: Mayor's Request
• Status: Approved
• File created: 5/29/2022
• In control: City Council
• On agenda: 6/2/2022
• Final action: 6/23/2022
• Enactment date: 6/2/2022
• Enactment #: 213919
• Title: Requesting an appropriation of $372,490 from the Founders Ice Rink Retained Earnings Account to subsidize the FY 2023 Founders Ice Rink Enterprise Fund budget.
• Code sections: Appropriation/Budget -

Date	Ver.	Action By	Action	Result
6/30/2022	6	BOA	Mayoral Approval
6/23/2022	5	City Council	Approved
6/22/2022	4	Finance	Recommended to be discharged with no recommendation
6/2/2022	3	City Council	Referred for recommendation

  Agenda Text

title

Requesting an appropriation of $372,490 from the Founders Ice Rink Retained Earnings Account to subsidize the FY 2023 Founders Ice Rink Enterprise Fund budget.

body

Official Text

To the Honorable City Council:

I respectfully request an appropriation of $372,490 from the Founders Ice Rink Retained Earnings certified as of July 1, 2021 to the FY 2023 Founders Ice Rink Enterprise Fund Budget.

This appropriation will serve as a budgeted subsidy to the FY 2023 Founders Ice Rink Enterprise Budget.

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

Respectfully Submitted,

Katjana Ballantyne, Mayor