Franklin, MA: Finance Committee - Agenda - Dec 17, 2019

FINANCE COMMITTEE MEETING =Tuesday, December 17, 2019 at 6:30 PM

Franklin Senior Center, Conference Room
10 Daniel Mccahill Street, Franklin; MA 0203.8

AGENDA

1. Call to Order
2. Approval of Minutes of 12/10/19 Meeting
3. Public Comments
4. Capital Budget Presentations:
a. Department of Public Works
5. Final Recommendations and Vote
6. Storm water Presentation
7. Adjournment


Balance Update
• General Stabilization $6,137,866
• Recreation Fields $304,951
• Open Space Acquisition $1,121,867
• Budget Stabilization $396,332
• Free Cash $3,482,875
• OPEB $5,852,978
• Property Acquisition $269,781
• Fire Truck Stabilization $209,595

OPEB Obligation as of 6/30/18 (PAYGO): $68,554,870

The full agenda and documents released for this meeting can be found
https://www.franklinma.gov/sites/franklinma/files/news/fincom_agenda_12-17-19.pdf

rain garden at Parmenter, one of several around Franklin part of the storm water mitigation plan