TheCambridge Record
Agenda ItemsCity Manager's Agenda

CMA 2022-249

The appropriation in the amount of $9,812,215.88 from Free Cash to the Public Investment Fund Capital Projects Control Account ($7,036,323.82); to the Grant Fund Historical Control Account ($29,909.04); to the Grant Fund Public Celebrations Control Account ($78,836.02) and to the Grant Fund Police Control Account ($92,457.00), as well ($2,574,690) to the Capital Receivables account. This is an accounting transaction adjustment requested by the Massachusetts Department of Revenue (DOR), Division of Local Service) based on a change in their position and will eliminate negative balances which have been included in our annual Free Cash calculation for several years

How it started
Dec 19, 2022 · Submitted by Yi-An Huang, City Manager.
What happened
Dec 19, 2022 · 📁 Placed on file. This was an informative report; there were no decisions to make. (unanimous)

Voted yes (9), unanimous

  • Burhan Azeem
  • Dennis Carlone
  • Alanna Mallon
  • Marc McGovern
  • Patty Nolan
  • E. Denise Simmons
  • Paul F. Toner
  • Quinton Zondervan
  • Sumbul Siddiqui
Roll call of Dec 19, 2022 · from the council’s minutes · photos: City of Cambridge
What’s next
🚪 End of the line: filing closes the matter. Nothing further is scheduled.
🏛 This item on the city's site
🗓 The meeting where this was taken up: Dec 19, 2022