Details Meeting Name: Finance Committee Agenda status: Final-revised Meeting date/time: 6/18/2024 6:00 PM Minutes status: Final   Meeting location: City Council Chamber and Remote Participation Committee of the Whole Published agenda: Agenda Published minutes: Minutes   Meeting video: Video   Attachments: Finance 2024-06-18 Councilor Scott Dept Head Motion.pdf, Finance 2024-06-18 Water and Sewer Revised Rate Presentation FY25.pdf Meeting Items (36) 36 records Group Clear sorting Clear grouping Group by Type Group by Result Export Export to Excel Export to PDF Export to Word Show: Legislation only Legislation only All agenda items File # Ver. Agenda # Type Title Action Result Action Details Video 24-0851 1 2. Mayor's Request Requesting approval to appropriate $725,000 from the Capital Projects Stabilization Fund to fund the Fire Alarm Alerting System. Recommended to be discharged with no recommendation   Action details Not available 24-0849 1 3. Mayor's Request Requesting the appropriation of $850,000 from the Unreserved Fund Balance ("Free Cash") to the Open Space Acquisition Stabilization Fund to acquire new publicly accessible open space. Recommended to be discharged with no recommendation   Action details Not available 24-0848 1 4. Mayor's Request Requesting approval to appropriate $270,000 from the Immigrant Legal Services Stabilization Fund for legal services to immigrants. Recommended to be discharged with no recommendation   Action details Not available 24-0847 1 5. Mayor's Request Requesting the appropriation of $266,000 from the Unreserved Fund Balance ("Free Cash") to the Emergency Stabilization Fund to provide funding for the Warming Center. Recommended to be discharged with no recommendation   Action details Not available 24-0846 1 6. Mayor's Request Requesting the appropriation of $350,000 from the Unreserved Fund Balance ("Free Cash") to the Community Composting Stabilization Fund for a pilot community composting program. Recommended to be discharged with no recommendation   Action details Not available 24-0845 1 7. Mayor's Request Requesting the appropriation of $1,000,000 from the Unreserved Fund Balance ("Free Cash") to the Participatory Budgeting Stabilization Fund for the Participatory Budgeting Program. Recommended to be discharged with no recommendation   Action details Not available 24-0843 1 8. Mayor's Request Requesting the appropriation of $700,000 from the Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund for a Fire Alarm Alerting System. Recommended to be discharged with no recommendation   Action details Not available 24-0842 1 9. Mayor's Request Requesting approval to appropriate $149,051 from the Racial & Social Justice Fund to hire a Project Manager for the development of an Alternative Emergency Response Program. Recommended to be discharged with no recommendation   Action details Not available 24-0841 1 10. Mayor's Request Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund to supplement a prior appropriation to purchase and install prefabricated standalone public toilets. Recommended to be discharged with no recommendation   Action details Not available 24-0840 1 11. Mayor's Request Requesting the appropriation of $1,432,778 from the Water Enterprise Fund Retained Earnings Account to the FY 2025 Water Enterprise Fund budget. Recommended to be discharged with no recommendation   Action details Not available 24-0839 1 12. Mayor's Request Requesting approval to create the Community Composting Program Stabilization Fund. Recommended to be discharged with no recommendation   Action details Not available 24-0838 1 13. Mayor's Request Requesting approval to appropriate $500,000 from the COVID-19 Stabilization Fund for funding for the SPS Parent/Guardian Transit Pass Program. Recommended to be discharged with no recommendation   Action details Not available 24-0837 1 14. Mayor's Request Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the COVID-19 Stabilization Fund to fund the Somerville Public School Parent/Guardian Transit Pass Program. Recommended to be discharged with no recommendation   Action details Not available 24-0836 1 15. Mayor's Request Requesting the appropriation of $270,000 from the Unreserved Fund Balance ("Free Cash") to the Immigrant Legal Services Stabilization Fund for immigration legal services. Recommended to be discharged with no recommendation   Action details Not available 24-0835 1 16. Mayor's Request Requesting the appropriation of $2,000,000 from the Unreserved Fund Balance ("Free Cash") to the Affordable Housing Trust Fund to support flexible rental assistance programs. Recommended to be discharged with no recommendation   Action details Not available 24-0834 1 17. Mayor's Request Requesting approval of a transfer of $2,110,472 from the Salary Contingency Account-Salaries to the Salary & Wage Stabilization Fund. Recommended to be discharged with no recommendation   Action details Not available 24-0833 1 18. Mayor's Request Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Traffic Safety Stabilization Fund for traffic safety improvements. Recommended to be discharged with no recommendation   Action details Not available 24-0832 1 19. Mayor's Request Requesting the appropriation of $7,635,022 from the Unreserved Fund Balance ("Free Cash") to the Facility Renovation and Reconstruction Stabilization Fund to support the 5-Year Capital Investment Plan. Recommended to be discharged with no recommendation   Action details Not available 24-0831 1 20. Mayor's Request Requesting the appropriation of $2,089,659 from the Unreserved Fund Balance ("Free Cash") to the Street Reconstruction and Renovation Stabilization Fund to support the 5-Year Capital Investment Plan. Recommended to be discharged with no recommendation   Action details Not available 24-0830 1 21. Mayor's Request Requesting the appropriation of $403,187 from the Unreserved Fund Balance ("Free Cash") to the Energy Stabilization Fund for projects that reduce carbon emissions and energy costs. Recommended to be discharged with no recommendation   Action details Not available 24-0829 1 22. Mayor's Request Requesting the appropriation of $2,589,087 from the Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund to support the 5-Year Capital Investment Plan. Recommended to be discharged with no recommendation   Action details Not available 24-0828 1 23. Mayor's Request Requesting the appropriation of $943,392 from the Unreserved Fund Balance ("Free Cash") to the Parks Stabilization Fund to support the 5-Year Capital Investment Plan. Recommended to be discharged with no recommendation   Action details Not available 24-0827 1 24. Mayor's Request Requesting the appropriation of $400,000 from the Unreserved Fund Balance ("Free Cash") to the Water Stabilization Fund to support the Water-Sewer Capital Investment Plan. Recommended to be discharged with no recommendation   Action details Not available 24-0826 1 25. Mayor's Request Requesting the appropriation of $1,600,000 from the Unreserved Fund Balance ("Free Cash") to the Sewer Stabilization Fund to support the Water-Sewer Capital Investment Plan. Recommended to be discharged with no recommendation   Action details Not available 24-0825 1 26. Mayor's Request Requesting the appropriation of $1,200,000 from the Unreserved Fund Balance ("Free Cash") to the Other Post Employment Benefits (OPEB) Trust Fund. Recommended to be discharged with no recommendation   Action details Not available 24-0824 1 27. Mayor's Request Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Compensated Absence Liability Fund. Recommended to be discharged with no recommendation   Action details Not available 24-0823 1 28. Mayor's Request Requesting the appropriation of $1,000,000 from the Unreserved Fund Balance ("Free Cash") to the Salary & Wage Stabilization Fund. Recommended to be discharged with no recommendation   Action details Not available 24-0822 1 29. Mayor's Request Requesting the appropriation of $2,584,976 from the Unreserved Fund Balance ("Free Cash") to the Rainy Day Stabilization Fund. Recommended to be discharged with no recommendation   Action details Not available 24-0821 1 30. Mayor's Request Requesting approval of the expenditure limitations for departmental Revolving Funds for FY 2025. Recommended to be discharged with no recommendation   Action details Not available 24-0820 1 31. Mayor's Request Requesting the appropriation or reserve of $3,436,205 in estimated FY 2025 Community Preservation Act (CPA) revenue for CPA projects and expenses. Recommended to be discharged with no recommendation   Action details Not available 24-0819 1 32. Mayor's Request Requesting the appropriation of $237,000 to fund the FY 2025 Dilboy Fields Enterprise Fund budget. Recommended to be discharged with no recommendation   Action details Not available 24-0818 1 33. Mayor's Request Requesting the appropriation of $736,255 to fund the FY 2025 Kennedy School Pool Enterprise Fund budget. Recommended to be discharged with no recommendation   Action details Not available 24-0817 1 34. Mayor's Request Requesting the appropriation of $21,398,392 to fund the FY 2025 Water Enterprise Fund budget. Recommended to be discharged with no recommendation   Action details Not available 24-0816 1 35. Mayor's Request Requesting the appropriation of $31,947,141 to fund the FY 2025 Sewer Enterprise Fund budget. Recommended to be discharged with no recommendation   Action details Not available 24-0814 1 36. Mayor's Request Requesting the appropriation of $342,878,129 to fund the FY 2025 General Fund Operating Budget. Recommended to be discharged with no recommendation   Action details Not available 24-0913 1 37. Officer's Communication Director of Water and Sewer conveying the FY 2025 Water & Sewer Rate proposal. Recommended to be discharged with no recommendation   Action details Not available