• March 30 2018,  Revere

    Revere gets record $11.2 million in Free Cash

    By Sara Brown   Mayor Brian Arrigo announced $11.2 million in Free Cash for both the General Fund and Water & Sewer Enterprise Fund. At the March 26 City Council meeting, councillors accepted the Free Cash and were delighted over the news. “This amount certified is the highest Revere has ever seen,” said Arrigo. “This is a key indicator of the City’s sound fiscal management and health. My team will continue to operate in an efficient manner that assures the greatest value for our taxpaying citizens.” Arrigo said the amount of money signifies the financial strength Revere has as a community and will help stabilize water and sewer rates. “Our…