The town’s portion of the more than $27 million in improvements planned for the Charles River Pollution Control District treatment plant has decreased by a half a million dollars, significantly reducing the proposed fiscal year 2014 sewer budget.
Jeffrey Nutting gave the Finance Committee the news on Thursday, during its second night of hearings to review the $95,109,701 FY ’14 budget. The change in Franklin’s commitment to the Charles River project brought the sewer budget down by about $800,000, to $3,652,810.
Franklin must cover 67 percent of the total cost to the plant, while Medway’s share will be 16.75 percent, or $4.6 million. Millis and Bellingham will foot the remainder.
Read more: http://www.milforddailynews.com/news/x898149250/Franklins-FY-14-sewer-budget-sees-decrease#ixzz2NbH1852G
While the sewer budget will decrease the sewer rates were already set so there won't be an immediate change. The real impact will be in the future where due to this decrease the anticipated increase to cover the DEP mandated enhancements to the plant will be less which would mean that the rate increase to cover that assessment would be less. Still it is good news but not an immediate effect on the rates we pay today.
The short version of the budget document reviewed last night can be found on the Franklin webpage
The complete set of documents for the school budget can be found here
My reporting from the budget hearing Wednesday can be found here
My reporting from the budget hearing Thursday can be found here
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