1. Chicopee receives record $10.6 million in free cash, sets aside $2.6 million for roadwork

    Chicopee receives record $10.6 million in free cash, sets aside $2.6 million for roadwork

    The city ended the year with a record $10.6 million in free cash, giving officials money to make road repairs, beef up the reserve account and still have funds left over for other projects. Free cash is money unspent in accounts from the previous fiscal year that the Massachusetts Department of Revenue reviews and certifies is available for the city to use in the current fiscal year.

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    1. This additional appropriation will enable us to triple our commitment to roads and sidewalk improvement and repair in our city this coming construction season.
    2. We will still have $5.8 million to the good in free cash after this.
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