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Home / Meetings /May 15, 2025
Community Preservation Committee · May 15, 2025 · 6:00 PM

***Rescheduled to May 21***Community Preservation Committee Meeting

occurred Agenda PDF AI Preview
AI PREVIEW · DRAWN FROM THE AGENDA

Agenda includes a CPC budget recommendation to City Council to establish five CPA reserve accounts (Housing, Open Space/Recreation, Historic, Administrative, Budgeted) and to allocate 10% of estimated CPA funds each to Housing, Open Space/Recreation, and Historic reserves, 5% to Administrative reserve, and the remainder to the Budgeted Reserve for FY2026.

Drafted by an LLM from the agenda before the meeting — a preview of what's scheduled, not a record of what happened. Verify against the official record.

Agenda

Budget Overview
2. CPC Budget Recommendation to City Council for Category Reserve Accounts
Presentation by the CFO and Committee discussion of the Community Preservation Committee’s budget recommendation to City Council: establish five CPA reserve accounts (Housing Reserve, Open Space/Recreation Reserve, Historic Reserve, Administrative Reserve, Budgeted Reserve) and transfer percentages of estimated CPA funds into each (10% to Housing, Open Space/Recreation, and Historic; 5% to Administrative; remainder for FY2026 to Budgeted Reserve). Includes a draft motion to formalize the recommendation.