CPA Fall Report FY25 — File 25-0051

November 13, 2024 1 Somerville Community Preservation Act Program FY25 Fall Report Available Funds The funds available for FY25 are based on the estimated revenue from the local CPA property tax surcharge and the projected state match of the prior year’s local revenue, which is typically received in the late fall. Estimated funds were appropriated in June, and placed into the program area reserve accounts following the funding distribution determined by the Community Preservation Committee. Table 1: FY25 CPA Revenue As Appropriated CPP Share of FY24 Budgeted Revenue Debt Service Total Available Open Space/Rec Reserve 20% $687,241 $- $687,241 Historic Resources Reserve 15% $515,431 $(131,894) $383,537 Community Housing Reserve 50% $1,718,103 $(595,902) $1,122,201 Budgeted Reserve 10% $343,620 $- $343,620 Admin 5% $171,810 $ - Total $3,283,713 $(727,796) $2,536,599 Undesignated Fund Balance CPA funds that have not been appropriated to the above categories are held in the Undesignated Fund Balance, where they are carried forward if not appropriated and spent. Revenue estimates used in budgeting are typically conservative, so that the actual revenue received over the fiscal year is greater than the estimated revenue that was appropriated in the spring. This unappropriated revenue remains in the Undesignated Fund Balance. Unused Administrative Funds and Budgeted Reserve funds are also returned each year to the Undesignated Fund Balance. Table 2 shows the funds that were added to the Undesignated Fund Balance in FY24. Additional FY24 income includes surplus assessment revenue and other miscellaneous local revenues totaling $398,137. The state match received in FY24 was $608,394, which exceeded the budgeted state match by $219,496. Revenues that are not appropriated before December 1 remain in the Table 2: FY24 Additions to Undesignated Fund Balance Funding Source Amount Assessment revenue difference $317,300 Tax title redeemed (liens) $3,763 Tax title interest $976 CPA interest $5,391 Investment income (CPA) $70,708 State Match difference $219,496 Unappropriated FY24 Revenue $617,633 Unspent FY24 Administrative Funds $75,350 Unspent Budgeted Reserve Funds $0 Total Added to Undesignated Fund Balance FY23 $692,983

November 13, 2024 2 Undesignated Fund Balance and cannot be used until they are certified the following fiscal year. This means that a minimum of $617,633 must be held in the Undesignated Fund Balance until certified next year. The Budgeted Reserve funds were entirely spent on projects in the FY24 funding round. However, $75,350 in unspent Administrative funds were returned to the Undesignated Fund Balance. The Undesignated Fund Balance may be carried over from year to year or spent on eligible projects in any of the three program areas. Table 3 shows projects that were funded in FY24 by drawing from the Undesignated Funds Balance, which had a total of $1,441,835 at the start of FY24. Table 3: FY24 Expenditures from Undesignated Fund Balance Project Undesignated Fund Grant FY24 Housing Adjustment $75,605 City Hall Clock Tower Restoration – portion of FY24 project $280,010 Somerville Museum FY24 Artifact Preservation $10,000 Total Undesignated Fund Expenditure in FY24 $365,615 Adjusted Housing Appropriation As long as a minimum of 10% of each year’s revenue is spent in each program area, the CPC has discretion to use funds carried over in the Undesignated Fund Balance in any program area on an as- needed basis. Since the CPC has delegated to the Somerville Affordable Housing Trust the management of funds for Community Housing, the transfer of funds from the Undesignated Fund Balance to match the annual Community Housing distribution of unappropriated funds from the prior fiscal year will maintain the intended share of distribution to Housing. Table 4: Affordable Housing Trust Adjusted Appropriation Amount Additional FY24 UFB Recommended Adjustment FY24 initial Housing reserve $1,781,103 Transfer from Undesignated to Housing Reserve $346,492 $692,983 50% Debt service ($595,902) Recommended Housing Trust Appropriation $1,468,693 With the adjustment for Community Housing, Figure 1 represents the total current year program funds available in FY25. Open Space/Rec Reserve $687,241 Historic Reserve $383,537 Adjusted Community Housing Reserve $1,468,693 Budgeted Reserve $343,620 FY25 Project Funds Available Total: $2,883,091

November 13, 2024 3 Funds Carried Over from Prior Years In addition to the current year revenues, Somerville’s CPA program has funds carried over from previous years, both in the program area reserves and in the Undesignated Fund Balance. At the CPC’s discretion, some of the carried-over funds may be made available for current year funding round projects, off-cycle applications, or may continue to be carried over for future use. (Carried-over funds cannot be used for Administration.) Maintaining a balance in the Undesignated Fund has allowed the CPC flexibility to manage cash flow and to accommodate unforeseen circumstances. Program area funds are carried over in the program area reserve if they are not committed in the fiscal year in which they were budgeted. Funds are also returned to the program area from which they were originally appropriated after a project closes out under budget or is cancelled. Funds that are returned to program area reserves are immediately available to recommend for other projects. The Undesignated Fund Balance is the remainder of CPA funds that are not in the five “buckets” that are appropriated in the CPA budget. Money may also be added to the Undesignated Fund Balance in the following ways: 1) as mentioned above, any additional revenues that have not been appropriated into the program area reserves remain in the Undesignated Fund Balance; and 2) unspent Administrative funds and Budgeted Reserve funds are transferred to the Undesignated Fund Balance at the end of each fiscal year. Table 5 shows the funds that have been carried over from prior years. The Art Farm project which was originally recommended by the CPC in FY19 and again in FY23 was recently approved by City Council. Funds had been held in reserve in the OS/R and Undesignated Fund accounts since the original CPA recommendation which fully covered this project. The CPC also recommended funding for restoration of the Adams Magoun House in FY23, which has not yet been submitted to City Council. Table 5: Funds Carried Over from Prior Years Undesignated Fund Balance Open Space/ Recreation Reserve Historic Preservation Reserve Funds carried over into FY25 $1,769,204 $635,323 $12,250 Funds recently returned after project closeouts $20,056 $0 Appropriated to Art Farm $(174,776) $(367,899) Committed to Adams-Magoun House $(150,000) FY24 Housing Adjustment $(343,620) Available Undesignated Funds $1,097,936 $287,480 $12,250

November 13, 2024 4 Project Updates The following projects funded in previous grants are currently in progress: Site Funding Year Status Somerville Museum FY22 Construction near completion Somerville Museum FY23 Artifact preservation near completion Somerville Museum FY24 Waiting for contract Somerville Hispanic Association for Community Development FY 21, 22, 23 Preparing permits to initiate work from the three grants combined; related ARPA grant spent down on time. Elizabeth Peabody House FY22 Structural design is nearly completed Elizabeth Peabody House FY23 Restoration underway 404 Broadway / Vida Real FY24 Study underway City Hall Clock Tower Restoration FY24 Restoration underway Blessing of the Bay Meadow FY18 Nearly complete – monitoring plantings Blessing of the Bay Linear Park Design FY23 Design underway Henry Hansen Park FY17, 23, 24 Near completion, pending punch list items Dilboy Auxiliary Fields Design FY18 Construction oversight nearly completed 217 Somerville Ave FY20, 21 Design underway Somerville Junction Park FY22 Under construction Kennedy Schoolyard FY19, 24 Design out to bid In addition, CPA funds have been appropriated for future use for projects or purposes which have not yet been implemented: Purpose / Amount Held Funding Year Status Open Space Land Acquisition Fund / $500,000 FY20, 21, 22 Awaiting opportunity Land Acquisition Study Fund / $40,000 FY17 Can support due diligence for OS Acquisition opportunities Art Farm / $542,675 FY19 Awaiting completion of underground utilities Blessing of the Bay Park Construction / $426,925 FY24 Awaiting completion of design and to obtain funding and permitting Just A Start 24 Webster Street Window / $113,440 FY24 Awaiting funding and permitting to start overall project The following projects have been completed, cancelled, or closed out within the past year. Some of the projects were completed under budget, in which case the CPA funds are returned to the reserve from which they were originally awarded.

November 13, 2024 5 Purpose Category Funding Year Funds Returned Healey Schoolyard Design OS/R FY17 $2,165 35 Richardson OS/R FY18 $210,000 WSNS and Brown Schoolyard Design OS/R FY18 $12,196 Central Hill Playground OS/R FY20 $3,888 Healey School Tot Lot OS/R FY21 $56,000 404 Broadway Bell Tower Restoration HP FY21 $0 Broadway House 181 Broadway HP FY21 $2,132 Mudflat Studio HP FY23 $68 Brown School Construction OS/R FY24 $3,952 A full list and status report of the projects funded in all of the previous CPA grants is provided in Appendix 1. Off-Cycle Applications Somerville’s Community Preservation Committee occasionally receives applications for funds outside of the regular application cycle, when there is some emergency or extraordinary request which cannot wait until the regular application cycle is completed. The CPC has not received any off-cycle applications since concluding the FY24 application cycle. Potential Off-cycle Applications in FY23 As has happened in prior years, a likely source for off-cycle applications is ongoing CPA-funded construction projects which encounter inflation or unanticipated change-orders. Construction projects ought to have included contingencies to account for inflation and unforeseen problems, however, an unprecedented rate of cost increases for construction have resulted in many projects going substantially over budget. Grantees are encouraged to seek additional sources of funding, but CPA may yet be the most accessible option to enable projects to be completed. (Projects that primarily entail planning are more likely to be able to be completed within the fixed budget that was originally granted.) Ongoing construction projects for which cost over-runs could generate the need for additional funding:  Elizabeth Peabody House – Construction is underway using the FY23 grant of $300,000 to restore the windows and other exterior features.  Grace Baptist Church – Construction is almost ready to proceed under three grants from FY 21, FY22, and FY23 for a total of $968,611, which cover many different project segments.  Somerville Museum – Construction is nearly complete for restoration of the Bullfinch Staircase, which is the last remaining portion of the scope of the FY22 grant of $151,000 for collections preservation.  City Hall Clock Tower – Construction is underway using the FY24 grant of $649,950. The following ongoing construction projects are less likely to generate off-cycle applications.  Junction Park – Construction is underway using grants totaling $500,000 from FY22 and 23. The availability of other funding sources has enabled less reliance on CPA funding.

November 13, 2024 6  Glen Street Community Garden – Construction is nearly completed using the grant of $210,000 from FY22 combined with CDBG. Remaining CPA funds are anticipated to cover the cost of outstanding elements.  Henry Hansen Park – Construction is nearly completed using grants totaling $810,976. Remaining CPA funds are anticipated to cover the cost of punch list elements.

CPA Project Status by Location November 14, 2024 Category Project Location Project Name Years Original CPA Grant(s) Status Funds Returned Project Comments HP 1 Westwood Road Somerville Museum FY15+FY16+FY19+ FY20+FY21+FY22+ FY22+FY23+FY24 $1,868,104 Complete / Ongoing - $ Elevator and basement renovation completed. FY15-FY21 grants closed out. FY22 (+2 additions), FY23 construction nearly complete; FY24 artifact preservation in process. OS + HP 68 Munroe St Prospect Hill Tower Renovation FY15 +FY15+FY18 $1,382,330 Complete $77,039 FY15 Historic preservation + FY15 OS Design+FY18 OS Construction HP 439 Somerville Ave Milk Row Cemetery FY15+FY16 $81,468 Complete - $ HP 93 Highland Ave City Hall Renovation FY15+FY24 $849,950 Complete / Ongoing $0 FY15 funds were repurposed for design of complex. FY24 construction underway. HP 201 Central Street Temple B'nai Brith FY15 $450,945 Complete - $ Have not cooperated with signing PR and are concerned about public access or publicity due to safety. HP 485 Mystic Valley Parkway Mystic Waterworks Windows FY15 $243,000 Complete - $ PR is in process HP 42 Cross St City of Somerville Archives FY15+FY18 $128,100 Complete $1,539 FY 15 Archives +FY18 Elections Records HP 40 College Ave West Branch Library Rehabilitation FY16 $2,500,000 Complete - $ Permanent sign not yet installed. HP Not specified LHD Property Owner Fund FY16 $150,000 Cancelled $150,000 HP 83 Belmont St Stained Glass Window Restoration FY17 $4,510 Complete - $ PR stalled - banks not cooperative. HP 79 Highland Ave Central Library Artifacts FY17+FY19+FY21 $30,834 Complete $14,290 FY17 Mold Remediation + FY19 WPA Bas-Relief + FY21 WPA Bas-Relief, completed under budget HP 59 Cross St Somerville Hispanic Association - Grace Baptist Church FY17+FY19+FY21+ FY22+FY23 $2,021,989 Complete / Ongoing $8,415 Roof, windows, masonry, and accessibility; First two grants closed out. ARPA grant for accessibity spent down. FY21, FY22, and FY23 grants now obtaining permits to proceed with construction. HP 277 Broadway Elizabeth Peabody House FY18+FY19+FY20+ FY22+FY23 $469,000 Complete / Ongoing $9,006 Earlier phases complete; FY22 project is near completion. FY23 project in process. HP 130 Highland Ave Mission Church FY19 $113,120 Complete $1,312 Grantee not cooperative with signing PR, closeout payment returned to reserve. HP 181 Broadway Broadway House FY21 $185,155 Complete $2,132 HP 404 Broadway 404 Broadway Vida Real FY21+FY23+FY24 $195,000 Complete / Ongoing - $ FY21 completed; FY 24 in process HP 81 Broadway Mudflat Studio Façade Study FY23 $15,000 Complete $68 Page 1

CPA Project Status by Location November 14, 2024 HP 24 Webster Street Just A Start Window Restoration FY24 $113,440 On Hold - $ Compiling funding for entire project HP Adams Magoun House FY23 $150,000 not yet submitted to City Council All Historic Preservation Projects: $10,066,148 $263,800 OSR 22 Vinal Ave Somerville Community Growing Center Design FY15+FY17+FY18+ FY19 $439,154 Complete $4,243 Completed under budget OSR Healey to Mystic Open Space/Recreation FY15 $45,000 Complete - $ OSR School Garden Classrooms Open Space/Recreation FY15 $45,373 Complete 0.05 $ OSR 115 Central St Hoyt Sullivan Playground Renovation FY16 $400,000 Complete - $ OSR 198 South St South Street Farm FY16 $60,160 Complete $6,016 Completed under budget OSR 30 Allen St Allen St. Park Renovation Design FY16 $20,000 Complete - $ OSR Cedar to Grove Streets Community Path FY16+FY16+FY17 $250,000 Complete $110,000 Repaving complete. Additional FY16 and FY17 projects canceled OSR 32 Shore Dr Blessing of the Bay FY17+FY18+FY23+ FY24 $874,127 Complete / Ongoing - $ FY17 Design+FY18 Meadow installation; Contract extended through June 2025. Plantings finished, one more season of monitoring. FY23 Path Design progressing; FY24 construction transferred to City. OSR 115 Sycamore St Winter Hill School Yard FY17 $500,000 Complete - $ OSR 5 Meacham St Healey School Yard FY17+FY21 $455,578 Complete $58,165 Completed under budget OSR 70 Partridge Ave Henry Hansen Park FY17 $810,976 Complete / Ongoing $14,200 FY17 Design + FY23 Construction; Design completed, construction near completion OSR Summer St & Craigie St Community Pollinator Garden FY17 $13,000 Complete $1,424 Completed under budget OSR Land Acquisition Fund Study Open Space/Recreation FY17 $40,000 On Hold - $ Need to review how this will be used, and whether MOA needs to be amended for future use OSR 5 Palmer Glen Park Community Garden Expansion FY18+FY19+FY22 $716,200 Complete / Ongoing - $ Construction nearing completion OSR 201 Willow Ave Brown and West Somerville Schoolyards FY18+FY24 $237,000 Complete $16,169 Completed under budget OSR 110 Alewife Brook Parkway Dilboy Auxiliary Fields Design FY18 $90,000 Onging - $ Construction nearing completion Page 2

CPA Project Status by Location November 14, 2024 OSR 35 Richardson Open Space Land Acquisition FY18 $210,000 Cancelled $210,000 OSR 5 Cherry St Kennedy Schoolyard FY19+FY24 $100,000 Onging - $ Going out to bid OSR 1060 Broadway Powderhouse School Park (Lou Ann David Park) FY20 $122,000 Complete - $ OSR Not specified OS Acquisition Fund FY20 $500,000 On Hold - $ Awaiting opportunity OSR 79 Highland Ave Central Hill Playground FY20+FY21 $506,080 Complete $3,888 Completed under budget OSR 2 Woodbine Street Somerville Junction Park FY22+FY23 $500,000 Ongoing - $ FY22 Design + FY23 Construction; FY22 funds repurposed for construction. Design complete; currently under construction OSR 217 Somerville Ave 217 Somerville Ave Design FY23 $100,000 Ongoing - $ OSR ArtFarm FY19 $542,675 On Hold - $ Awaiting completion of underground infrastructure All Open Space/Recreation Projects: $8,313,120 $424,104 AH SCC 100 Homes Initiative Mult. $9,837,798 See Affordable Housing Trust Report for status updates AH Heading Home Heading Home Better Homes Program FY18 $45,000 AH CAAS, SHC, Just A Start Tenancy Stabilization Program (TSP) Mult. $1,000,000 AH SHC, Wayside Leasing Differential Mult. $453,865 AH Somerville Housing Authority Mystic Waterworks Mult. $764,000 AH SHC PASS Program Mult. $1,110,663 AH SCC Redevelopment of American Legion FY15 $913,762 AH Respond Housing Victims of Domestic Violence FY21 $73,941 AH POAH Clarendon Hill FY22 $4,000,000 Funds Committed to Housing Programs and Projects by AHT: $18,199,029 All program areas $36,578,297 Page 3