From the Franklin Override Information Forum coordinated by the Joint Parent Communication Councils and held on Wednesday, 5/28/08.
Q - Franklin is about 10-15% above the state recommended or 'foundation' budget. Can you explain the number?
A - Ogden, the foundation amount is the minimum amount that the town can contribute to the schools. If the town doesn't contribute the state minimum, there are penalties assessed by the state.
A - Nutting, if a town strives to meet the minimum, the education will be suffering, you won't be getting a quality education. Over the last 15 years the state has picked up a greater portion of the school expense, so the town tax payers have benefited from the state funding.
Time: 6 minutes, 11 secondsMP3 File
For reference on the historical contribution of Franklin to the school budget view this chart