The Finance Committee has passed the town’s $113.4 million budget for next fiscal year, submitting its recommendations to the Town Council for final review.
In a memo to councilors, Town Administrator Jeffrey Nutting said the budget “will be balanced without a requirement to reduce staff, request an override or use other one-time funds.”
Nutting cautioned of looming fiscal challenges, including an $89 million liability for benefits for retired town employees and a $50 million backlog of critical road and infrastructure repairs.Continue reading the article here
http://www.milforddailynews.com/article/20150513/NEWS/150518833/1994/NEWS
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| Franklin Municipal Building |
Franklin Matter's notes from the budget hearings can be found here
- Finance Committee - Budget hearing #4
- Finance Committee - Budget hearing #3
- Finance Committee - Budget hearing #2
- Finance Committee - Budget hearing #1
The official budget documents can be found on the Franklin web page here
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