Joint Budget Subcommittee Meeting - Agenda - Sep 26, 2018

Franklin Town Council/School Committee/Finance Committee

Joint Budget Subcommittee

September 26, 2018 - 5:30 PM

Municipal Building, 3rd Floor Training Room

355 East Central Street, Franklin

Agenda

1. FY 19 Budget Update
2. FY 19 Capital Budget – Due Nov 9, 2018
3. School Committee Information Update
4. FY 2020 Budget
5. Next steps

Proposed FY 20 Budget Timeline

• Department request (includes Schools) reviews complete by mid-February
• Pension assessment - January
• State aid announced end of January
• Assessments: MECC, Tri County, Norfolk County – February
• Health Insurance- Late Feb/March
• General insurance - mid – March
• School Committee Public Hearing
• Fin Comm reviews budget late March, early April
• Town Council budget hearing late May

You can view/download the agenda document from the Town of Franklin page
http://www.franklinma.gov/sites/franklinma/files/news/joint_budget_subcommittee.pdf

Note: there are two pages to the agenda document

work on the Historical Museum had started last year and is finally continuing this year

Five year fiscal forecast
http://www.franklinma.gov/sites/franklinma/files/uploads/five_year_fiscal_forecast_fy17-fy21.pdf

Town of Franklin budget page
http://www.franklinma.gov/town-budget