City of Somerville header
File #: 23-0932    Version: 1
Type: Mayor's Request Status: Approved
File created: 5/30/2023 In control: City Council
On agenda: 6/1/2023 Final action: 6/27/2023
Enactment date: 6/22/2023 Enactment #: 215673
Title: Requesting approval of the expenditure limitations for departmental Revolving Funds for FY 2024.
Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury
Code sections: Appropriation/Budget -
Attachments: 1. DepartmentalRevolvingSpendingCapsFY24 FINAL

Agenda Summary

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Requesting approval of the expenditure limitations for departmental Revolving Funds for FY 2024.

 

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Official Text

To the Honorable City Council:

 

The Mayor respectfully requests approval of the FY2024 Expenditure Limitations for Departmental Revolving Funds under the provisions of MGL Chapter 44, Section 53 1/2. The recommended expenditure limitations per fund are attached to this communication.

 

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

 

Respectfully Submitted,

Katjana Ballantyne, Mayor