C-8

BOROUGH OF SOMERVILLE

GENERAL CAPITAL FUND

IMPROVEMENT AUTHORIZATIONS

YEAR ENDED DECEMBER 31, 2022

ORDINANCE BALANCE
DECEMBER 31, 2021
PY BALANCE
DECEMBER 31, 2022
ORDINANCE
NUMBER
IMPROVEMENT AUTHORIZATIONS DATE AMOUNT FUNDED UNFUNDED 2022
AUTHORIZATIONS
ENCUMBRANCES
APPLIED
PAID OR
CHARGED
ENCUMBRANCES FUNDED UNFUNDED
2412 Various Improvements 03/18/13
$545,000.00
$0.80
$0.80
2441 Various Improvements 05/19/14 936,000.00
$17,591.25
$10,078.58
$6,421.42
1,091.25
2482 Site Remediation at Landfill 12/07/15 16,229,114.00 2,027,289.11 62,924.87 1,964,364.24
2574 Amending Ordinance 2482 06/17/19 250,000.00
$250,000.00
$250,000.00
2497 Various Improvements 03/21/16 631,695.00 564.91 564.91
2518 Various Improvements 04/03/17 1,361,000.00 44,852.89 3,736.78 38,166.11 2,950.00
2550 Various Improvements 05/21/18 1,948,036.00 715,817.13 72,577.72 141,809.48 117,562.38 24,642.17 767,422.06 20,577.72
2570 Various Improvements 05/20/19 1,070,000.00 618,191.94 102,500.00 23,141.84 226,027.20 6,640.02 496,666.56 14,500.00
2577 Sidewalk Assessment 08/05/19 24,886.00 24,120.06 22,875.05 1,245.01
2614 Various Improvements 04/20/20 1,633,000.00 766,080.46 9,455.52 353,777.13 33,907.73 387,851.12
2617 Parking Garage 07/20/20 7,250,000.00 418,481.10 310,000.00 401,443.00 407,283.12 132,640.98 590,000.00
2638 Various Improvements 05/28/21 904,000.00 705,340.29 26,709.00 428,174.59 115,666.94 188,207.76
2650 Firetruck 11/30/21 800,000.00 39,525.00 760,000.00 67,935.95 731,512.05 77.00
2677 Amending Ordinance 2650 07/18/22 20,000.00
$20,000.00
20,000.00
2670 Various Improvements 04/04/22 2,417,000.00 2,417,000.00 282,344.18 527,087.18 178,568.64 1,429,000.00
2684 Amending Ordinance 2670 09/19/22 300,000.00 300,000.00 300,000.00
2675 Station Road Extension to Route 206 07/18/22 5,200,000.00 5,200,000.00 71,141.20 4,999,525.00 129,333.80
$5,314,845.89
$1,539,930.61
$7,937,000.00
$620,715.00
$2,073,861.03
$1,445,877.51
$9,156,314.44
$2,736,438.52
REF. C C Below C C-2 C C C
Due from New Jersey DOT C-7
$20,000.00
Capital Improvement Fund C-4 799,000.00
Deferred Charges to Future Taxation - Unfunded C-6 6,929,000.00
American Water Company Contribution C-2 189,000.00
$7,937,000.00
Above