The Franklin (MA) Finance Committee met as scheduled on Wednesday, November 8 to review the adjustments to the FY 2024 budget. Agenda -> https://www.franklinma.gov/sites/g/files/vyhlif10036/f/agendas/nov_8_fin_com_agenda.pdf
These adjustments are a check point in the full budget process. Some assumptions made early in the process (i.e. for State funds) can now be adjusted to be more real as the State budget, still in development at the time Franklin's was developed, is now finalized. Well, almost but that is another item for another day.
These adjustments are made each year before the Town Council tax classification hearing sets the rate later this month (Tues, Nov 21).
The Town Administrator's memo outlined the adjustments to reduce new growth, local receipts, and among other items add $1,000 to the Disability Commission to enable the funding for the annual Disability Expo. For some unknown reason, they previously did not have a budget at all -> https://www.franklinmatters.org/2023/11/fiscal-year-2024-fy24-budget-adjustment.html
One of the adjustments made was the removal of the communications position jointly funded between Town and School budgets. At a time when the Town (overall) could really use a central point to handle communications (the past several years have shown the benefits of that position)), they currently are operating without one. What wasn't mentioned in the meeting is that there are plans to hire an outside firm to provide such services at a savings vs. the current position. Stay tuned to this topic.
Watch the Franklin TV video available for replay (less than 50 minutes) ->
https://www.youtube.com/watch?v=QWsbriG2ngw (meeting begins approx. 2 minutes into the video)
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| Finance Committee get to review the FY 24 budget changes on Wednesday, Nov 8 at 7 PM |
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