C-14
BOROUGH OF SOMERVILLE
GENERAL CAPITAL FUND
RESERVE FOR PAYMENT OF FUTURE DEBT SERVICE
YEAR ENDED DECEMBER 31, 2021
| REF. | ||
|---|---|---|
| Balance - December 31, 2020 | C |
$
785,480.30
|
| Increased by: | ||
| Cancellation of Improvement Authorizations | C-8 |
12,268.81
|
|
797,749.11
|
||
| Decreased by: | ||
| Funding of Ordinances | C-6 |
280,000.00
|
| Balance - December 31, 2021 | C |
$
517,749.11
|
C-15
SCHEDULE OF RESERVE FOR GRANTS RECEIVABLE
YEAR ENDED DECEMBER 31, 2021
| REF. | ||
|---|---|---|
| Balance - December 31, 2020 | C |
$
-
|
| Increased by: | ||
| Grants Awarded - Ord. 2638 | C-7 |
400,000.00
|
| Balance - December 31, 2021 | C |
$
400,000.00
|