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Meeting Name: Finance Committee Agenda status: Final
Meeting date/time: 3/24/2026 6:00 PM Minutes status: Final  
Meeting location: City Council Chamber and Remote Participation
Committee of the Whole
Published agenda: Agenda Agenda Published minutes: Minutes Minutes Transcript Not available  
Meeting video:  
Attachments: Finance - 2026-03-24 Memo (with 26-0202)
File #Ver.Agenda #TypeTitleActionResultAction DetailsVideo
26-0375 11.Committee MinutesApproval of the Minutes of the Finance Committee Meeting of March 10, 2026.AcceptedPass Action details Not available
26-0325 12.Mayor's RequestRequesting approval to establish a Grant Match Account with a $15,000 transfer from the Department of Veterans' Services Grounds Maintenance Account to the Department of Veterans' Services Special Items Account for the Massachusetts General Court and the State Historical Records Advisory Board Grant match requirement.Recommended to be approvedPass Action details Not available
26-0202 13.Mayor's RequestRequesting approval to appropriate $75,000 from the Bike Share Stabilization Fund for installation and startup costs of a Blue Bike station at the 16-20 Medford Street development site.Recommended to be approvedPass Action details Not available
26-0163 14.Mayor's RequestRequesting the appropriation of $430,965 from the Unreserved Fund Balance ("Free Cash") to the Special Education Reserve Fund.Recommended to be approvedPass Action details Not available
26-0300 15.Mayor's RequestRequesting the appropriation of $100,766 from the Community Preservation Act Fund Historic Preservation Reserve to the Somerville Museum to conserve artifacts in its collection.Recommended to be approvedPass Action details Not available
26-0299 16.Mayor's RequestRequesting the appropriation of $200,000 from the Community Preservation Act Fund Open Space Reserve to the Open Space Land Acquisition Fund.Recommended to be approvedPass Action details Not available
26-0298 17.Mayor's RequestRequesting the appropriation of $1,167,395 from the Community Preservation Act Fund Community Housing Reserve to the Affordable Housing Trust.Recommended to be approvedPass Action details Not available
26-0297 18.Mayor's RequestRequesting the appropriation of $399,255 from the Community Preservation Act (CPA) Undesignated Fund Balance to the CPA Fund Community Housing Reserve.Recommended to be approvedPass Action details Not available
26-0323 19.Mayor's RequestRequesting the appropriation of $50,000 from the Community Preservation Act Budgeted Reserve to the Housing Authority for improvements to the open space at the Mystic River/View developments.Recommended to be approvedPass Action details Not available
26-0357 110.CommunicationConveying budget priorities and requests for FY 2027.Recommended to be marked work completed  Action details Not available
26-0345 111.CommunicationConveying budget priorities and requests for FY 2027.Recommended to be marked work completed  Action details Not available
26-0344 112.CommunicationConveying budget priorities and requests for FY 2027.Recommended to be marked work completed  Action details Not available
26-0355 113.CommunicationConveying budget priorities and requests for FY 2027.Recommended to be marked work completed  Action details Not available
26-0335 114.CommunicationConveying budget priorities and requests for FY 2027.Recommended to be marked work completed  Action details Not available
26-0351 115.CommunicationConveying budget priorities and requests for FY 2027.Recommended to be marked work completed  Action details Not available
26-0349 116.CommunicationConveying budget priorities and requests for FY 2027.Recommended to be marked work completed  Action details Not available
26-0371 117.CommunicationConveying budget priorities and requests for FY 2027.Recommended to be marked work completed  Action details Not available
26-0360 118.CommunicationConveying budget priorities and requests for FY 2027.Recommended to be marked work completed  Action details Not available