The Town Council meeting of Wednesday, March 4, 2020 featured, among its many topics the initial look at the FY 2021 budget. It projects a deficit of $3.5M which will need to be resolved before the budget is finalized by the end of June 2020.
To remind folks, Franklin operates on a fiscal calendar. We are currently operating under the FY 2020 budget which carries us through June 2020. The FY 2021 budget would begin to provide funding for operations from July 2020 through June 2021.
The show notes provide links to the key Town of Franklin budget page and to specific documents
This is the real beginning of the budget process or cycle for FY 2021. The key dates to follow are
- March 24 - School Committee Budget Hearing
- April 7, 8, 13 and 29 - Finance Committee Budget hearing meetings
- April 14 - Final School Committee Budget approval
- May 21 and 22 - Town Council Budget Hearings
The audio segment from the Town Council meeting runs about 31 minutes, so let’s listen in to a preview of the FY 2021 budget https://www.hipcast.com/podcast/HskhsYjX
Town of Franklin budget page
Town Administration FY 2021 budget introduction
Superintendent’s Recommended School budget for FY 2021 (audio and links)
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The music for the intro and exit was provided by Michael Clark and the group "East of Shirley". The piece is titled "Ernesto, manana" c. Michael Clark & Tintype Tunes, 2008 and used with their permission.
I hope you enjoy!
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|FM #220 - Town Council FY 2021 budget overview - 3/4/20 (audio)|