Town of Franklin: Finance Committee - Meeting Agenda - January 11, 2023

Finance Committee Meeting

Agenda & Meeting Packet

Wednesday, January 11, 2023 = 7:00 PM

Meeting will be held at the Municipal Building

2nd floor, Council Chambers

355 East Central Street

Agenda

1. Call to Order

2. Public Comment

3. Approval of Minutes: None

4. The Bill Dowd “Deep Dive” Series

a. Discussion: Compensation & Classification Study

i. Final Report, Results & Methodology -   https://www.franklinma.gov/sites/g/files/vyhlif6896/f/uploads/class_and_comp_draft_final_report.pdf

ii. Compensation & Classification Plan -   https://www.franklinma.gov/sites/g/files/vyhlif6896/f/uploads/class_and_comp_plan.pdf

5. FY23 Capital Plan

a. Town Administrator FY23 Capital recommendations memo -   https://www.franklinma.gov/sites/g/files/vyhlif6896/f/uploads/capital_memo.pdf

b. FY23 Department Summary Requests & Capital Plans  -   https://www.franklinma.gov/sites/g/files/vyhlif6896/f/uploads/capital_requests_5yr_plan_sheets.pdf

c. Quotes (if available)  -   https://www.franklinma.gov/sites/g/files/vyhlif6896/f/uploads/capital_quotes_and_backup.pdf

6. 2023 Finance Committee Member Committee Assignments -    https://www.franklinma.gov/sites/g/files/vyhlif6896/f/uploads/franklin_finance_committee_roster_fy_2022_website_0.pdf

7. Standing Updates:

a. Stabilization Funds -   https://www.franklinma.gov/sites/g/files/vyhlif6896/f/uploads/stabilization_fund_balances_11-30-2022.pdf

b. FY23 Year To Date -   https://www.franklinma.gov/sites/g/files/vyhlif6896/f/uploads/ytd_budget_report.pdf

c. MMA Letter to incoming Governor Healey  -   https://www.mma.org/advocacy/mma-letter-to-incoming-governor-outlines-key-municipal-priorities-for-fy24-local-aid-and-ch-90-funding/

8. Future Agenda Items

9. Adjourn

The agenda doc contains remote participation info ->

https://www.franklinma.gov/sites/g/files/vyhlif6896/f/agendas/fin_com_agenda_jan_11_2023.pdf

Town of Franklin: Finance Committee Meeting - January 11, 2023