Council approves small appropriations and transfers including parking-meter funding and Malone Center roof

The Waltham City Council approved several Finance Committee recommendations, including a $51,000 appropriation for the parking meter program for fiscal year 2025 and multiple smaller transfers for building repairs and insurance.

Councilors voted to approve a $51,000 appropriation for the parking meter program through FY2025, a $9,000 transfer for the Malone Center roof project, a $6,200 transfer for owner’s title insurance related to property at 66 Brewster Road, and a $29,402 transfer toward police vehicle replacement. The council also approved a $350,000 transfer from the unreserved fund to the stabilization fund and accepted a donated time capsule from Children’s Hospital in Waltham.

Why it matters: These approvals move funding for routine capital maintenance and insurance actions and replenish the city stabilization fund. The items were presented as Finance Committee recommendations and approved by voice vote.

Details and context: Each item was the subject of a committee recommendation and then moved on the floor so the action of the committee became the action of the council. The parking meter appropriation is for operations through FY2025. The $350,000 transfer to the stabilization fund increases the city’s reserve balance. The Malone Center roof transfer and the owner’s title insurance transfer represent project-specific, limited-dollar actions.

Discussion versus decision: The council formally approved each funding action listed above. The time capsule donation from Children’s Hospital in Waltham was accepted by council vote.

Next steps: Departments will implement the approved projects and the finance office will record the transfers and appropriations in the city’s financial system.