Finance Committee — Agenda, Mar 24, 2026

City of Somerville, Massachusetts Finance Committee Regular Meeting Agenda City Council Chamber and Remote Participation 6:00 PM Tuesday, March 24, 2026 Committee of the Whole https://us02web.zoom.us/webinar/register/WN_uQ--ntkyTUmyLgrvRTu1Sg (Posted online: 3/20/26 at 9:00 AM) 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_uQ--ntkyTUmyLgrvRTu1Sg Persons 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, activities, and meetings of the City of Somerville should contact the ADA Coordinator in advance at [phone removed] x 2059 or ADA@somervillema.gov. Roll Call 1. Committee Minutes (ID # 26-0375) Agenda Ready: Approval of the Minutes of the Finance Committee Meeting of March 10, 2026. Grant and Gift Acceptances 2. Mayor's Request (ID # 26-0325) Referred for Recommendation: Requesting 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. Page 1 of 3

Finance Committee Regular Meeting Agenda March 24, 2026 Appropriations 3. Mayor's Request (ID # 26-0202) Referred for Recommendation: Requesting 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. 4. Mayor's Request (ID # 26-0163) Referred for Recommendation: Requesting the appropriation of $430,965 from the Unreserved Fund Balance ("Free Cash") to the Special Education Reserve Fund. Community Preservation Act Appropriations 5. Mayor's Request (ID # 26-0300) Referred for Recommendation: Requesting the appropriation of $100,766 from the Community Preservation Act Fund Historic Preservation Reserve to the Somerville Museum to conserve artifacts in its collection. 6. Mayor's Request (ID # 26-0299) Referred for Recommendation: Requesting the appropriation of $200,000 from the Community Preservation Act Fund Open Space Reserve to the Open Space Land Acquisition Fund. 7. Mayor's Request (ID # 26-0298) Referred for Recommendation: Requesting the appropriation of $1,167,395 from the Community Preservation Act Fund Community Housing Reserve to the Affordable Housing Trust. 8. Mayor's Request (ID # 26-0297) Referred for Recommendation: Requesting the appropriation of $399,255 from the Community Preservation Act (CPA) Undesignated Fund Balance to the CPA Fund Community Housing Reserve. 9. Mayor's Request (ID # 26-0323) Referred for Recommendation: Requesting 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. Communications 10. Communication (ID # 26-0357) Sent for Discussion: By Councilor Clingan Conveying budget priorities and requests for FY 2027. 11. Communication (ID # 26-0345) Sent for Discussion: By Councilor Sait Conveying budget priorities and requests for FY 2027. Page 2 of 3

Finance Committee Regular Meeting Agenda March 24, 2026 12. Communication (ID # 26-0344) Sent for Discussion: By Councilor Ewen-Campen Conveying budget priorities and requests for FY 2027. 13. Communication (ID # 26-0355) Sent for Discussion: By Councilor Strezo Conveying budget priorities and requests for FY 2027. 14. Communication (ID # 26-0335) Sent for Discussion: By Councilor Mbah Conveying budget priorities and requests for FY 2027. 15. Communication (ID # 26-0351) Sent for Discussion: By Councilor Davis Conveying budget priorities and requests for FY 2027. 16. Communication (ID # 26-0349) Sent for Discussion: By Councilor Link Conveying budget priorities and requests for FY 2027. 17. Communication (ID # 26-0371) Sent for Discussion: By Councilor Hardt Conveying budget priorities and requests for FY 2027. 18. Communication (ID # 26-0360) Sent for Discussion: By Councilor Wheeler Conveying budget priorities and requests for FY 2027. Page 3 of 3