Franklin, MA: Finance Committee - Agenda - Jan 30, 2018

The agenda for the Finance Committee meeting scheduled for Tuesday, Jan 30, 2018.


1. Call to Order
2. Election of New Officers; Chairman, Vice-Chairman, and Clerk
3. Public Comments
4. Approval of Minutes
5. Free Cash Overview/Administration
6. Capital Budget Presentations:

• School Department
• Facilities Department
• Technology Department
• Town Clerk Department
• Fire Department
• Police Department
• Public Works Department
• Water Enterprise Department

7. Final Recommendations and Vote
8. Adjournment



Trust Fund Balances Update as of 12/31/17
• General Stabilization      $ 5,060,984
• Recreation Fields                    6,802
• Open Space Acquisition    1,101,229
• Budget Stabilization         1,848,663
• Free Cash                       2,821,988
• OPEB                              4,072,090
• Property Acquisition            260,620

OPEB Obligation as of 6/30/17 (PAYGO): 69,295,796


The full agenda document can also be found on the Town of Franklin webpage
http://www.franklinma.gov/finance-committee/agenda/finance-committee-agenda-revised-3

Franklin, MA: Finance Committee - Agenda -Jan 30, 2018