Saturday, June 5, 2010

Frequently asked questions: "Will the override solve all of our fiscal problems?"

Will the override solve all of our fiscal problems?

Unfortunately, it will not. However, it will balance our budget this fiscal year. It is estimated that next year’s budget may require as much as an additional $6 million in revenue for fiscal 2011 to maintain level services. This is due largely to the anticipated decrease in state and federal aid that have been received in each of the last two fiscal years.


Going forward, Franklin will need to confront the fact that basic municipal and school expenses continue to outstrip its ability to raise new revenue from property taxes. There will be other community needs, like the eventual renovation of Franklin High School, repairs to roads and sidewalk, and the town’s unfunded retiree health care, as well as annual increases in fixed costs for insurance, contractual obligations and utilities.

One of a series to address frequently asked questions
http://investinfranklin.weebly.com/faq-part-2.html


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The special election on June 8th gives Franklin voters the choice:

Increase taxes to continue to provide the services we have this year (and that does not restore any of the services already cut)

Or

Continue to cut municipal services for all and cut educational opportunities for our children

I'll help to provide the information. You need to do two things:
  1. Make your choice
  2. Vote on June 8th

You get bonus points if you talk with your neighbors about this and get them to vote!

Additional information on the override can be found here:


Franklin, MA

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