June 18, 2018 - 7:30 AM
3rd Floor Training Room
355 East Central Street
1. FY 2020 and Beyond Budget Overview
Who is the "Joint Budget Subcommittee Meeting"?
The committee is comprised of members of the Town Council, School Committee and Finance Committee supported by members of the Town Administration.
Why get started on the FY 2020 budget now?
If you recall the passage of the FY 2019 budget (which covers from July 1, 2018 to June 30, 2019) is starting out with a funding deficit of approx $1.4M as that amount was used from the Debt Stabilization fund to avoid a significant cut or an override this year. There is no way to avoid a serious discussion about what Franklin wants to do for the next budget. Hence, they are starting now.
Franklin voters have two realistic choices. (1) Let the Town Council and School Committee make significant cuts to existing services OR (2) consider an override to appropriately fund the operational expenses of Franklin. This is why the discussion is starting with the Joint Budget Committee. They get to start working out the details on what to bring forward for our eventual decision.
Pay attention to the FY 2020 budget discussion.
It will have a major effect on our daily lives and when the time rolls around to vote for it (assuming we do an override), you will have been informed, and had a chance to make your case.
The agenda can be found online
The FY 2019 budget collection can be found here
|Franklin, MA: Joint Budget Subcommittee Agenda - June 18|