City of Somerville header
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 Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments: Finance 2024-06-18 Councilor Scott Dept Head Motion.pdf, Finance 2024-06-18 Water and Sewer Revised Rate Presentation FY25.pdf
File #Ver.Agenda #TypeTitleActionResultAction DetailsVideo
24-0851 12.Mayor's RequestRequesting 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 13.Mayor's RequestRequesting 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 14.Mayor's RequestRequesting 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 15.Mayor's RequestRequesting 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 16.Mayor's RequestRequesting 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 17.Mayor's RequestRequesting 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 18.Mayor's RequestRequesting 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 19.Mayor's RequestRequesting 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 110.Mayor's RequestRequesting 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 111.Mayor's RequestRequesting 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 112.Mayor's RequestRequesting approval to create the Community Composting Program Stabilization Fund.Recommended to be discharged with no recommendation  Action details Not available
24-0838 113.Mayor's RequestRequesting 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 114.Mayor's RequestRequesting 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 115.Mayor's RequestRequesting 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 116.Mayor's RequestRequesting 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 117.Mayor's RequestRequesting 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 118.Mayor's RequestRequesting 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 119.Mayor's RequestRequesting 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 120.Mayor's RequestRequesting 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 121.Mayor's RequestRequesting 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 122.Mayor's RequestRequesting 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 123.Mayor's RequestRequesting 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 124.Mayor's RequestRequesting 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 125.Mayor's RequestRequesting 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 126.Mayor's RequestRequesting 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 127.Mayor's RequestRequesting the appropriation of $500,00 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 128.Mayor's RequestRequesting 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 129.Mayor's RequestRequesting 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 130.Mayor's RequestRequesting 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 131.Mayor's RequestRequesting 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 132.Mayor's RequestRequesting 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 133.Mayor's RequestRequesting 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 134.Mayor's RequestRequesting 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 135.Mayor's RequestRequesting 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 136.Mayor's RequestRequesting 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 137.Officer's CommunicationDirector of Water and Sewer conveying the FY 2025 Water & Sewer Rate proposal.Recommended to be discharged with no recommendation  Action details Not available