🏛 The Cambridge Record
City Council ▸ 2016-09-26

City Council — Regular Meeting, September 26, 2016

14 City Manager's Agenda8 Communications8 Policy Orders26 Resolutions3 Applications & Petitions7 Other Business

City Manager's Agenda (14)

Communications (8)

8 resident communications received for this meeting — zoning (1) · climate (1) · trees (1) · police safety (1). Individual letters are summarized in the city's agenda and are not republished here, by policy.

Policy Orders (8)

Resolutions (26)

Applications & Petitions (3)

Other Business (7)

Reappointments:

Peter Daly (2-year term), Florrie Dawin (1-year term), Gwendolen Noyes (1-year term),

Susan Schlesinger (3-year term), James Stockard, Jr. (3-year term), William Tibbs (2-year term)

New Appointment:

Elaine Thorne (3-year term) [affordable-housing] [housing-general]

Jason Marshall

A. Authorize the use of Free Cash of $10,180,000 to reduce the FY17 tax rate;

B. Authorize $2,000,000 in overlay surplus/reserves to be used for reducing the FY17 tax rate;

C. Authorize $1,700,000 from the City Debt Stabilization Fund to be used as a revenue source to the General Fund Budget;

D. Authorize $517,970 from the School Debt Stabilization Fund to be used as a revenue source to the General Fund Budget;

E. Appropriate $8,000,000 from Free Cash to the City Debt Stabilization Fund;

F. Classify property into five classes;

G. Adopt the minimum residential factor of 55.9103%;

H. Approve the residential exemption factor of 30% for owner-occupied homes;

I. Vote to double the normal value of the statutory exemption;

J. Vote the FY17 exemption of $309.00 allowed under MGL Chapter 59, Section 5, Clause 17D;

K. Vote the FY17 asset limits of $61,298.00 allowed Under MGL Chapter 59, Section 5, Clause 17E;

L. Vote the FY17 income and asset limits allowed under MGL Chapter 59, Section 5, Clause 41D as follows: income and assets limits for elderly persons from income limits of $25,346 for those who are single and $38,019 for those who are married, asset limits of $50,689 for those who are single and $69,698 for those who are married;

M. Vote the income limit for deferral of real estate taxes by elderly persons as determined by the Commissioner of Revenue for the purposes of MGL Chapter 62, Section 6, subsection (k) for a single person ($57,000) and for married ($85,000) [budget] [schools] 📖 read