DocuSign Envelope ID: 770223B8-42F8-4748-AA3D-7A1792141FE5
BOROUGH OF SOMERVILLE
OPEN SPACE, RECREATION, FARMLAND AND HISTORIC PRESERVATION TRUST FUND
| DEDICATED REVENUES FROM TRUST FUND |
FCOA | Anticipated | Realized in Cash in 2023 |
APPROPRIATIONS | FCOA | Appropriated | Expended 2023 | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2023 | for 2024 | for 2023 | Paid or Charged |
Reserved | |||||
|
Amount to be Raised
By Taxation
|
54-190 |
Development of Lands for
Recreation and Conservation:
|
xxxxxxxxxx | xxxxxxxxxx | xxxxxxxxxx | xxxxxxxxxx | ||||
| Salaries & Wages | 54-385-1 | - | ||||||||
| Interest Income | 54-113 | Other Expenses | 54-385-2 | - | ||||||
|
Maintenance of Lands for
Recreation and Conservation:
|
xxxxxxxxxx | xxxxxxxxxx | xxxxxxxxxx | xxxxxxxxxx | ||||||
| Reserve Funds: | 54-101 | Salaries & Wages | 54-375-1 | - | ||||||
| Other Expenses | 54-372-2 | - | ||||||||
| Historic Preservation: | xxxxxxxxxx | xxxxxxxxxx | xxxxxxxxxx | xxxxxxxxxx | ||||||
| Salaries & Wages | 54-176-1 | - | ||||||||
| Other Expenses | 54-176-2 | - | ||||||||
| - | ||||||||||
|
Acquisition of Lands for
Recreation and Conservation
|
54-915-2 | - | ||||||||
| Total Trust Fund Revenues: | 54-299 | - | - | - | Acquisition of Farmland | 54-916-2 | - | |||
|
Summary of Program
Year Referendum Passed/Implemented:
(Date)
Rate Assessed:
$
Total Tax Collected to date:
$
Total Expended to date:
$
Total Acreage Preserved to date:
(Acres)
Recreation land preserved in 2023:
(Acres)
Farmland preserved in 2023:
(Acres)
|
Down Payments on Improvements | 54-902-2 | - | |||||||
| Debt Service: | xxxxxxxxxx | xxxxxxxxxx | xxxxxxxxxx | xxxxxxxxxx | ||||||
| Payment of Bond Principal | 54-920-2 | xxxxxxxxxx | ||||||||
|
Payment of Bond Anticipation
Notes and Capital Notes
|
54-925-2 | xxxxxxxxxx | ||||||||
| Interest on Bonds | 54-930-2 | xxxxxxxxxx | ||||||||
| Interest on Notes | 54-935-2 | xxxxxxxxxx | ||||||||
| Reserve for Future Use | 54-950-2 | - | ||||||||
| Total Trust Fund Appropriations: | 54-499 | - | - | - | - | |||||