Minutes - Finance - 6-18-24 Dispositions — File 24-0934

City of Somerville, Massachusetts Finance Committee Meeting Minutes Dispositions 6:00 PM City Council Chamber and Remote Participation Tuesday, June 18, 2024 Committee of the Whole The meeting took place in person and remotely via Zoom and was called to order at 6:00 PM by Chair Wilson and adjourned at 9:06 PM. Others present: Michael Mastrobuoni – Budget Director, Ed Bean – Director of Finance, Demetrios Vidalis - Director of Water and Sewer, Rich Raiche – Director of Infrastructure and Asset Management, Kate Hartke – Director of Grants Development, Nikki Spencer – Chief of Staff, Madalyn Letellier - Legislative Services Manager, Peter Forcellese – Legislative Clerk. The Committee meeting was recessed at 7:43 PM and reconvened 8:04 PM. . Roll Call City Councilor At Large Jake Wilson, Ward Two City Councilor Jefferson Thomas (J.T.) Scott, Ward Two City Councilor Naima Sait, City Councilor At Large Willie Burnley Jr., Ward Four City Councilor Jesse Clingan, Lance L. Davis, Ben Ewen-Campen, Wilfred N. Mbah, Matthew McLaughlin, Judy Pineda Neufeld and Kristen Strezo Present: 1. Review of the FY 2025 Budget • Cut night • Miscellaneous Budgetary Items 2. Requesting approval to appropriate $725,000 from the Capital Projects Stabilization Fund to fund the Fire Alarm Alerting System. 24-0851 Recommended to be discharged with no recommendation 3. Requesting the appropriation of $850,000 from the Unreserved Fund Balance ("Free Cash") to the Open Space Acquisition Stabilization Fund to acquire new publicly accessible open space. 24-0849 Recommended to be discharged with no recommendation 4. Requesting approval to appropriate $270,000 from the Immigrant Legal 24-0848 Page 1 of 5

Finance Committee Meeting Minutes Dispositions June 18, 2024 Services Stabilization Fund for legal services to immigrants. Recommended to be discharged with no recommendation 5. Requesting the appropriation of $266,000 from the Unreserved Fund Balance ("Free Cash") to the Emergency Stabilization Fund to provide funding for the Warming Center. 24-0847 Recommended to be discharged with no recommendation 6. Requesting the appropriation of $350,000 from the Unreserved Fund Balance ("Free Cash") to the Community Composting Stabilization Fund for a pilot community composting program. 24-0846 Recommended to be discharged with no recommendation 7. Requesting the appropriation of $1,000,000 from the Unreserved Fund Balance ("Free Cash") to the Participatory Budgeting Stabilization Fund for the Participatory Budgeting Program. 24-0845 Recommended to be discharged with no recommendation 8. Requesting the appropriation of $700,000 from the Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund for a Fire Alarm Alerting System. 24-0843 Recommended to be discharged with no recommendation 9. Requesting approval to appropriate $149,051 from the Racial & Social Justice Fund to hire a Project Manager for the development of an Alternative Emergency Response Program. 24-0842 Recommended to be discharged with no recommendation 10. Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund to supplement a prior appropriation to purchase and install prefabricated standalone public toilets. 24-0841 Recommended to be discharged with no recommendation 11. Requesting the appropriation of $1,432,778 from the Water Enterprise Fund Retained Earnings Account to the FY 2025 Water Enterprise Fund budget. 24-0840 Recommended to be discharged with no recommendation 12. Requesting approval to create the Community Composting Program Stabilization Fund. 24-0839 Recommended to be discharged with no recommendation Page 2 of 5

Finance Committee Meeting Minutes Dispositions June 18, 2024 13. Requesting approval to appropriate $500,000 from the COVID-19 Stabilization Fund for funding for the SPS Parent/Guardian Transit Pass Program. 24-0838 Recommended to be discharged with no recommendation 14. Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the COVID-19 Stabilization Fund to fund the Somerville Public School Parent/Guardian Transit Pass Program. 24-0837 Recommended to be discharged with no recommendation 15. Requesting the appropriation of $270,000 from the Unreserved Fund Balance ("Free Cash") to the Immigrant Legal Services Stabilization Fund for immigration legal services. 24-0836 Recommended to be discharged with no recommendation 16. Requesting the appropriation of $2,000,000 from the Unreserved Fund Balance ("Free Cash") to the Affordable Housing Trust Fund to support flexible rental assistance programs. 24-0835 Recommended to be discharged with no recommendation 17. Requesting approval of a transfer of $2,110,472 from the Salary Contingency Account-Salaries to the Salary & Wage Stabilization Fund. 24-0834 Recommended to be discharged with no recommendation 18. Requesting the appropriation of $500,000 from the Unreserved Fund Balance ("Free Cash") to the Traffic Safety Stabilization Fund for traffic safety improvements. 24-0833 Recommended to be discharged with no recommendation 19. Requesting the appropriation of $7,635,022 from the Unreserved Fund Balance ("Free Cash") to the Facility Renovation and Reconstruction Stabilization Fund to support the 5-Year Capital Investment Plan. 24-0832 Recommended to be discharged with no recommendation 20. Requesting the appropriation of $2,089,659 from the Unreserved Fund Balance ("Free Cash") to the Street Reconstruction and Renovation Stabilization Fund to support the 5-Year Capital Investment Plan. 24-0831 Recommended to be discharged with no recommendation 21. Requesting the appropriation of $403,187 from the Unreserved Fund Balance ("Free Cash") to the Energy Stabilization Fund for projects that reduce carbon emissions and energy costs. 24-0830 Page 3 of 5

Finance Committee Meeting Minutes Dispositions June 18, 2024 Recommended to be discharged with no recommendation 22. Requesting the appropriation of $2,589,087 from the Unreserved Fund Balance ("Free Cash") to the Capital Projects Stabilization Fund to support the 5-Year Capital Investment Plan. 24-0829 Recommended to be discharged with no recommendation 23. Requesting the appropriation of $943,392 from the Unreserved Fund Balance ("Free Cash") to the Parks Stabilization Fund to support the 5-Year Capital Investment Plan. 24-0828 Recommended to be discharged with no recommendation 24. Requesting the appropriation of $400,000 from the Unreserved Fund Balance ("Free Cash") to the Water Stabilization Fund to support the Water-Sewer Capital Investment Plan. 24-0827 Recommended to be discharged with no recommendation 25. Requesting the appropriation of $1,600,000 from the Unreserved Fund Balance ("Free Cash") to the Sewer Stabilization Fund to support the Water-Sewer Capital Investment Plan. 24-0826 Recommended to be discharged with no recommendation 26. Requesting the appropriation of $1,200,000 from the Unreserved Fund Balance ("Free Cash") to the Other Post Employment Benefits (OPEB) Trust Fund. 24-0825 Recommended to be discharged with no recommendation 27. Requesting the appropriation of $500,00 from the Unreserved Fund Balance ("Free Cash") to the Compensated Absence Liability Fund. 24-0824 Recommended to be discharged with no recommendation 28. Requesting the appropriation of $1,000,000 from the Unreserved Fund Balance ("Free Cash") to the Salary & Wage Stabilization Fund. 24-0823 Recommended to be discharged with no recommendation 29. Requesting the appropriation of $2,584,976 from the Unreserved Fund Balance ("Free Cash") to the Rainy Day Stabilization Fund. 24-0822 Recommended to be discharged with no recommendation 30. Requesting approval of the expenditure limitations for departmental Revolving Funds for FY 2025. 24-0821 Page 4 of 5

Finance Committee Meeting Minutes Dispositions June 18, 2024 Recommended to be discharged with no recommendation 31. Requesting the appropriation or reserve of $3,436,205 in estimated FY 2025 Community Preservation Act (CPA) revenue for CPA projects and expenses. 24-0820 Recommended to be discharged with no recommendation 32. Requesting the appropriation of $237,000 to fund the FY 2025 Dilboy Fields Enterprise Fund budget. 24-0819 Recommended to be discharged with no recommendation 33. Requesting the appropriation of $736,255 to fund the FY 2025 Kennedy School Pool Enterprise Fund budget. 24-0818 Recommended to be discharged with no recommendation 34. Requesting the appropriation of $21,398,392 to fund the FY 2025 Water Enterprise Fund budget. 24-0817 Recommended to be discharged with no recommendation 35. Requesting the appropriation of $31,947,141 to fund the FY 2025 Sewer Enterprise Fund budget. 24-0816 Recommended to be discharged with no recommendation 36. Requesting the appropriation of $342,878,129 to fund the FY 2025 General Fund Operating Budget. 24-0814 Recommended to be discharged with no recommendation 37. Director of Water and Sewer conveying the FY 2025 Water & Sewer Rate proposal. 24-0913 Recommended to be discharged with no recommendation Motions Referenced Documents: • Finance 2024-06-18 Councilor Scott Dept Head Motion • Finance 2024-06-18 Water and Sewer Revised Rate Presentation FY25 Page 5 of 5