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About the Finance Department

The Finance Department is responsible for the planning, oversight, and reporting of the City's operating and capital finances. These functions are carried out by the Department's five divisions:

Contact Information
Edward Bean
Director of Finance, Auditor

Monday - Wednesday
8:30 a.m. - 4:30 p.m.

Thursday
8:30 a.m. - 7:30 p.m.

Friday
8:30 a.m. - 12:30 p.m.

Phone Number
x
3200
Address

93 Highland Ave.
Somerville, MA 02143
United States

Employee Directory

Budgets & Appropriations

FY 2024 Budget

  • Learn About Somerville’s Annual Budget Process at a Virtual Workshop, Tuesday, March 28, at 7 p.m. Register to attend.
  • Check www.somervillema.gov/Budget to view the proposed FY 2024 budget and additional documents as they become available.
Past Fiscal Year Budgets

Year to Date (YTD) Budget Reports (PDF)

Free Cash and Retained Earnings

January 2024 Stabilization
 

Long-Range Forecast

School Department Budgets

Capital Investments & Projects

Capital Investment Plan (CIP) Project Lists

Ratings, Reports & Statements

Programs & Initiatives

Budget
An overview of how the budget process works and how it impacts residents and businesses in Somerville.
Participatory Budgeting
In June 2022, $1 million was allocated for the purpose of having community members propose and vote on projects to improve Somerville.

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