22.161 An Order to Appropriate FY2023 CPA Funds for Community Preservation Purposes - Certified.pdfCity of Northampton
MASSACHUSETTS
In City Council, August 18, 2022
Upon the recommendation of the Community Preservation Committee
22.161 An Order to Appropriate FY2023 CPA Funds for Community Preservation Purposes
Ordered, that
The following amounts be appropriated or reserved from fiscal year 2023 Community
Preservation Fund estimated revenues $2,298,518 ($1,596,193 FY23 local assessment estimate,
plus $702,325 estimated state match) for fiscal year 2023 Community Preservation purposes:
$252,837 from FY23 Total Estimated CPA Revenue to the Community Preservation Fund Open
Space Reserve (account # 2344930-359931)
$252,837 from FY23 Total Estimated CPA Revenue to the Community Preservation Fund
Historic Preservation Reserve (account # 2344930-359932)
$252,837 from FY23 Total Estimated CPA Revenue to the Community Preservation Fund
Affordable Housing Reserve (account # 2344930-359933)
$75,000 from FY22 Total Estimated CPA Revenue to the Community Preservation Fund
Administrative Account (account # 2344930-359934)
$1,465,007 from FY23 Total Estimated CPA Revenue to the Community Preservation Fund
Budgeted Reserve (account # 2344930-359930)
Also, the following amounts be appropriated from the Community Preservation Fund
Budgeted Reserve (account #2344930-359930) for FY23 Community Preservation bonding
repayment purposes:
$54,000 for principal and $9,993.53 for interest for Bean Farm bond (account #3100931-393102-
11)
$90,000 for principal and $13,500 for interest for Florence Fields bond (account #3100931-
393103-12)
$60,000 for principal and $10,200 for interest for Pulaski Park II bond (account #3100931-
393105-16)