Finance Committee — Agenda, Jun 24, 2025

City of Somerville, Massachusetts Finance Committee Regular Meeting Agenda Virtual 6:00 PM Tuesday, June 24, 2025 Committee of the Whole https://us02web.zoom.us/webinar/register/WN_BhfjggKtTayia3Bj6VCnJA (Posted online: 6/18/25 at 8:15 AM) Original (Posted online: 6/23/25 at 9:45 AM) Revised - Changed to Virtual Meeting Pursuant to Chapter 2 of the Acts of 2025, this meeting of a City Council Committee will be conducted via remote participation. We will post an audio recording, audio-video recording, transcript, or other comprehensive record of these proceedings as soon as possible after the meeting on the City of Somerville website and local cable access government channels. Copy & paste the following link into your internet browser to view this meeting live: https://us02web.zoom.us/webinar/register/WN_BhfjggKtTayia3Bj6VCnJA Individuals with disabilities who need auxiliary aids and services for effective communication (i.e. CART, ASL), written materials in alternative formats, or reasonable modifications in policies and procedures, in order to access the programs and activities of the City of Somerville or to attend meetings, should contact Adrienne Pomeroy in advance, at [phone removed] x2059 or ada@somervillema.gov. 1. Roll Call 2. Review of the FY 2026 Budget 3. Submission of Orders and Resolutions by City Councilors 4. Mayor's Request (ID # 25-1025) Referred for Recommendation: Requesting approval of a transfer of $54,412 from the Salary Contingency Salaries Account to the Law Department Salaries Account to remediate a year-end deficit. Page 1 of 3

Finance Committee Regular Meeting Agenda June 24, 2025 5. Mayor's Request (ID # 25-1027) Referred for Recommendation: Requesting the appropriation of $237,000 to fund the FY 2026 Dilboy Fields Enterprise Fund Budget. 6. Mayor's Request (ID # 25-1028) Referred for Recommendation: Requesting the appropriation of $736,080 to fund the FY 2026 Kennedy School Pool Enterprise Fund budget. 7. Mayor's Request (ID # 25-1030) Referred for Recommendation: Requesting approval of the expenditure limitations for departmental Revolving Funds for FY 2026. 8. Mayor's Request (ID # 25-1031) Referred for Recommendation: Requesting approval of a transfer of $37,740 from the Department of Public Works Admin Salaries Account to the Department of Public Works Grounds Salaries Account to remediate a year-end deficit. 9. Mayor's Request (ID # 25-1032) Referred for Recommendation: Requesting approval of a transfer of $216,000 from the Department of Public Works (DPW) Custodian Salaries Account to the DPW Electrical Other Lump Sum Account and the DPW Highway Salaries Account to remediate year-end deficits. 10. Mayor's Request (ID # 25-1033) Referred for Recommendation: Requesting the appropriation of $373,680 from the Kennedy School Pool Enterprise Fund Retained Earnings to support the FY 2026 Kennedy School Pool Enterprise Fund Budget. 11. Mayor's Request (ID # 25-1034) Referred for Recommendation: Requesting approval to appropriate $2,055,000 from the Facility Construction and Renovation Stabilization Fund to the Assembly Square Fire Station Capital Fund to reduce debt service costs for the project. 12. Mayor's Request (ID # 25-1035) Referred for Recommendation: Requesting approval to appropriate $2,715,270 from the Street Reconstruction & Resurfacing Stabilization Fund to various capital project funds to reduce debt service costs for these projects. 13. Mayor's Request (ID # 25-1040) Referred for Recommendation: Requesting the appropriation of $87,000 from the Dilboy Field Enterprise Fund Retained Earnings Account to subsidize the FY 2026 Dilboy Field Enterprise Fund Budget. 14. Mayor's Request (ID # 25-1042) Referred for Recommendation: Requesting the appropriation of $362,915,509 to fund the FY 2026 General Fund Operating Budget. Page 2 of 3

Finance Committee Regular Meeting Agenda June 24, 2025 Page 3 of 3