FM Budget Workshop Part 4 - 1/25/10

This is part 4 of the Budget Workshop held on Monday, Jan 25, 2010. Susan Gagner completes her presentation, Jim Dacey covers debt and Jeff Nutting explains the Stabilization Fund and 'free cash'.


Time: 26 minutes, 47 seconds



MP3 File

Session Notes:

Franklin held conducted a budget workshop on Monday, Jan 25, 2010. This is part four of the session recording. Susan Gagner, Town Comptroller, completes her presentation reviewing pages 8 and 9 on Net School Spending, and a little on Page 7, which was covered in Part 1.

Jeff Nutting introduces Jim Dacey, the Treasurer/Collector, who goes into detail on the debt process, highlighting the almost continuous planning and re-evaluation done in this area. The master spreadsheet they use has had 57 revisions in about 7 or 8 years.

Jeff gets asked by Scott Mason to explain the Stabilization Fund.
Steve Sherlock asks for them to cover "free cash".

The group then takes a break for refreshments and conversation. We'll resume in part 5 with the School Budget.

Susan Gagner - Page 8 - Net School Spending

Susan Gagner - Page 9 - Net School Spending (cont'd)

Susan Gagner - Page 7 - Chapter 70 and School Budget history

Jim Dacey - Debt process details

Jim Dacey - Debt plan - latest revision


Jim Dacey - Debt percent of overall budget

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Thank you for listening.

For additional information, please visit FranklinMAtters.blogspot.com/

If you have questions or comments you can reach me directly at shersteve @ gmail dot com

The music for the intro and exit was provided by Michael Clark and the group "East of Shirley". The piece is titled "Ernesto, manana" c. Michael Clark & Tintype Tunes, 2008 and used with their permission

I hope you enjoy!

Note: email subscribers will need to click through to the website to listen to the audio version.

Live reporting from the workshop can be found here
http://franklinmatters.blogspot.com/2010/01/live-reporting-special-meeting-budget.html

and here
http://franklinmatters.blogspot.com/2010/01/live-reporting-budget-workshop.html

Part 1 of the workshop recording can be found here
http://franklinmatters.blogspot.com/2010/01/fm-budget-workshop-12510-part-1.html

Part 2 of the workshop recording can be found here
http://franklinmatters.blogspot.com/2010/01/fm-budget-workshop-12510-part-1.html

Part 3 of the workshop recording can be found here
http://franklinmatters.blogspot.com/2010/02/fm-budget-workshop-part-3-12510.html