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Finance Sub-Committee

Regular Meeting

Springfield, MA · June 20, 2016

AgendaPacket

Agenda

Finance Committee , Regular http://www.springfieldcityhall.com ~ Agenda ~ Susan Kacoyannakis 413-787-6170 Monday, June 20, 2016 5:30 PM City Hall -- Room 200 I. Discussion of Home Grant Increase - $1,050- No Match $1,099,907 II. FY17 Local Consumer Aid Fund Grant-No Match $95,000 III. FY15 Free Cash to Pension Stabilization Reserve - $1,000,000 IV. Budget transfer within a department $921,050.44. V. Free Cash to Dispatch Department - $35,000 VI. Budget Transfer within a department- Comptrollers $15,300. VII. Estabalish Pension Stabilization Reserve. VIII. End of Year transfer HHS $9,462.02. IX. Free cash to stabilization reserve fund $ 2,329,387. X. Continued discussion of pension funding. XI. All other matters brought properly before this committee. Finance Committee Page 1 Printed 6/17/2016

Packet

Finance Committee , Regular http://www.springfieldcityhall.com ~ Agenda ~ Susan Kacoyannakis 413-787-6170 Monday, June 20, 2016 5:30 PM City Hall -- Room 200 I. Discussion of Home Grant Increase - $1,050- No Match $1,099,907 II. FY17 Local Consumer Aid Fund Grant-No Match $95,000 III. FY15 Free Cash to Pension Stabilization Reserve - $1,000,000 IV. Budget transfer within a department $921,050.44. V. Free Cash to Dispatch Department - $35,000 VI. Budget Transfer within a department- Comptrollers $15,300. VII. Estabalish Pension Stabilization Reserve. VIII. End of Year transfer HHS $9,462.02. IX. Free cash to stabilization reserve fund $ 2,329,387. X. Continued discussion of pension funding. XI. All other matters brought properly before this committee. Finance Committee Page 1 Printed 6/17/2016