In advance of the special budget workshop Monday evening, here is a report from the MA Department of Revenue, Division of Local Services:
You can view the same report on the MA DOR website here.
The workshop this evening is open to the public and intended to bring the new members of the Town Council, Finance and School Committees up to speed on the budget terminology and process.
The fiscal policies that previous Town Councils have used for guidance, this Council also accepted and it posted on the Town Council section of their webpage:
http://franklinma.virtualtownhall.net/Pages/FranklinMA_Council/fiscal.pdf
Note: The 2011 budget is NOT scheduled for discussion. The Governor is scheduled to announce his view of the budget this week. Both bodies of the State legislature will announce their own versions of the State budget and then all three will be negotiated to produce one budget sometime before June 30th.
Last year was an exception in that Franklin did not find out their final numbers until July. The Town Council voted on the final 2010 budget on Sep 16th with some adjustments to the one passed in June.
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