City of Somerville, Massachusetts - File #: 23-0949

• File #: 23-0949
• Version: 1
• Type: Mayor's Request
• Status: Approved
• File created: 6/1/2023
• In control: City Council
• On agenda: 6/1/2023
• Final action: 6/27/2023
• Enactment date: 6/22/2023
• Enactment #: 215684
• Title: Requesting the appropriation of $18,996,902 to fund the FY 2024 Water Enterprise Fund budget.
• Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury, Water & Sewer

Date	Ver.	Action By	Action	Result
6/27/2023	1	City Council	Mayoral Approval
6/22/2023	1	City Council	Approved	Pass
6/21/2023	1	Finance Committee	Recommended to be discharged with no recommendation
6/1/2023	1	City Council	Referred for recommendation

Agenda Summary

title

Requesting the appropriation of $18,996,902 to fund the FY 2024 Water Enterprise Fund budget.

body

Official Text

To the Honorable City Council:

The Mayor respectfully requests that this Council approve the appropriation of $18,996,902  for the purpose of  funding the FY2024 Water Enterprise Fund Budget.

The Water Enterprise Fund Budget is broken down into the attached appropriations in the categories of Personal Services, Ordinary Maintenance, Special Items, Capital Outlay, and Debt Service.

Sufficient revenues shall be raised from charges to meet said appropriation which includes an estimated $784,542 in indirect costs for charges currently carried in the General Fund to support Water Enterprise activities.

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