Finance Committee closes out 16+ hours of budget hearings with proposed adjustments (audio)

FM #1728 = This is the Franklin Matters radio show, number 1728 in the series. 

This session of the radio show shares the Finance Committee Budget Hearing, the Last of 4 sessions to go over the FY 2027 budget. The meeting was held in Council Chambers with 7 of 9 members present.

Quick recap:

• This session was time well spent by the Committee to review the potential adjustments to the budget and come to a consensus on them. They started with a set of goals and a process to work through the listing of the items for discussion based upon what had occurred over the prior three nights.

• They wanted to minimize use of free cash. The end proposal recommends $1.8M of free cash rather than $2M

• They wanted to move some of the regular recurring 'capital items' to the ops budget where they belong. They took a step in that direction with less than $100K of police gear putting that in the Ops budget. Next cycle those items won't need to come before the Capital budget as a request

• They made a strategic investment in a couple of positions. One already in the budget for a part time clerk in the Assessors office, and additional hybrid inspector/admin help for the Building Commissioner's team. This should help the assessors and inspectors to do the work they need to do while providing some additional administrative help to help the work flow and improve our permit and tax base (both revenue generators)

• They proposed reducing the Facilities expense budget

• They confirmed the need for restoration of the Deputy Town Administrator and the School Resource officers (SROs)

• They will request that the Schools look as possibly using more of their revolving funds to help balance their budget and in turn free up more free cash on the Town side to not be used for the overall budget

• The complete set of the adjustments will be written up, presented by the FinCom to the Town Council and Joint Budget Subcommittee. The line item adjustments will be made and incorporate some other updates for the Town Administrator to issue a revised budget proposal before the Council gets to finalize their vote at the June 10th meeting. It may not be ready for the May 20-21 Council budget hearings, the key item that still might be outstanding before those hearings is the FY 2027 health costs as the annual enrollment completes April 30

Let’s listen in

Audio link - https://franklin-ma-matters.captivate.fm/episode/fm-1728-finance-cmte-budget-hearing-4-04-09-26/

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Franklin TV video is available for replay - https://www.youtube.com/live/3oIsBHQ73Ts?&t=1170 

The amended agenda doc - https://www.franklinma.gov/AgendaCenter/ViewFile/Agenda/_04092026-2222 

My full set of notes in one PDF - https://drive.google.com/file/d/1NzSDXoQxk7P0ztXRKjPpcPTPrZgBNE78/view?usp=drive_link 

Dept of Arts, Culture & Creative Economy metrics as referenced by Cory Shea during the budget hearing

https://drive.google.com/file/d/1zQV7NQTLRSy1UnPKxad0wtW8Q-76YqOc/view?usp=drive_link

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If you have questions or comments you can reach me directly at shersteve @ gmail dot com

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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With people losing big to investment scams, learn how to spot and avoid them

With people losing big to investment scams, learn how to spot and avoid them By BCP Staff You might be interested in making money through investments. Who isn’t? So offers that promise big returns might draw your attention…and scammers know this. They use those promises and clever schemes to lure you in and, unfortunately, people are losing big money on investment scams.  In fact, FTC data shows reports of more than $7.9 billion in losses to investment scams, with a median individual loss of more than $10,000 in 2025. Do you know how to spot and avoid investment scams? Read more -> https://consumer.ftc.gov/consumer-alerts/2026/04/people-losing-big-investment-scams-learn-how-spot-and-avoid-them?utm_source=govdelivery

Franklin Cultural District: Announces the Investment Fund Grant Awards

January 2, 2025

Volume 5, January 2, 2025 Congratulations! Cultural District Investment Fund Grants Awarded In fall, 2024, the Massachusetts Cultural Council awarded the Franklin Cultural District Committee a $15,000 Cultural District Investment Grant. This grant, one of several awarded to state-sponsored cultural districts, is intended to infuse new arts and culture activities and to attract creative businesses to the cultural districts. The Franklin Cultural District Committee voted to reserve a portion of the grant funds for FCDC-directed work and offer the remainder, in the form of grants,  to Franklin arts and culture organizations.  The Franklin Cultural District Committee (FCDC) is honored to announce the grants made possible by MCC Cultural District Investment Grant funds. The FCDC, in concert with the Town of Franklin Department of Arts, Culture, and the Creative Economy, offers its sincere congratulations to all who received a grant. The FCDC looks forward to seeing these grant-funded initiatives come to life through performances, events, and more. The FCDC gratefully acknowledges the MCC and its generous grant that made these local grants possible, appreciates the leadership of the Franklin Department of Arts, Culture, and the Creative Economy, and recognizes the continued support of the Town of Franklin. Below, please find a list of funded grants and a link to the organizations' websites. Some of these events will take place in the late spring or early summer. As a result, information pertaining to the grant-funded activity may not appear on the website until closer to the date. However, many of the organizations have other events and activities that may be of interest at this time. FY25 Cultural District Grant Awards Franklin Art Association: To contribute toward the cost of "Fakes and Forgeries" event during June 2025. ($400) Children's Museum of Franklin: To add a mural to the back wall of the Museum, currently under construction. The mural will be created by a local artist. ($600) Select Museum to learn more. Franklin Farmers Market: To provide entertainment at the Franklin Farmers Market during June 2025. ($1,100) Select Market for information.  Franklin Historical Commission: A second and expanded presentation of "A Community Rediscovery of Ideas, Literature, and the Shared Gift of Language. " This month-long presentation celebrates the life and many contributions of Franklin's namesake, Dr. Benjamin Franklin. Select Ben for event information. ($1,100) The Ben activities begin Saturday, January 4 at the Historical Museum. Franklin LGBTQ Alliance: To subsidize a small portion of the costs associated with the June Celebrate with Pride festival. ($1,030) Select LGBTQ for information about this organization. Franklin Performing Arts Company: To subsidize a small portion of the costs associated with the June 6 – 8, 2025 performance of Little Women at THE BLACK BOX.($1,100) Select FPAC for ticketing and performance information. Franklin Public Library: A concert by the Boston Typewriter Orchestra, April 2025. ($750) A concert by the Blackstone Valley String Quartet, performing the music of Taylor Swift. ($600) Select Library for event information. Franklin Public Schools, JFK and Parmenter Elementary Schools: To bring music, dance, the arts and more cultural diversity to JF Kennedy and Parmenter Schools (where Ms. MacMurray is the music faculty member). ($1,000) Select FPS Music for more information.  Franklin Public Schools Music Department, and the Franklin Public Schools: To contribute toward the purchase of needed quality string instruments to rebuild and strengthen middle school string program. ($2,120) Select FPS Music for more information.  In addition to the funds associated with these ten grants, the FCDC reserved $5,200 to fund three projects to be overseen by the FCDC. The committee-directed projects are: Porchfest 2025, to contribute to the cost of the Porchfest website, police detail and insurance. ($3,500) Artsy Boxes, to provide for maintenance of the artwork of current Artsy Boxes. ($1,200) Collaborative Musicians, to compensate musicians performing at community events. ($500) Information about these and other and Culture happenings is shared weekly in the Cultural District Newsletter. Partnering with Franklin Matters @https://www.franklinmatters.org sharing information about what matters in Franklin. Visit Franklin Matters for Franklin information. Franklin Cultural District Committee Amy Adams, Katherine Botelho, Pandora Carlucci, Sue Cass, Patrick Conlan, John LoPresti, Roberta Trahan Next meeting: January 9, 2025 at 7:00pm at Franklin Senior Center

Town of Franklin Franklin Culture District | 355 East Central Street | Franklin, MA 02038 US

Franklin Cultural District Committee is now accepting proposals for Cultural District Investment Grants

The Franklin Cultural District Committee is now accepting proposals for Cultural District Investment Grants until November 30, 2024. 

The Town of Franklin and Franklin Cultural District Committee (FCDC) have received a Cultural District Investment Grant from the Massachusetts Cultural Council for fiscal year 2025.  

accepting proposals for Cultural District Investment Grants

The FCDC is announcing the availability of cultural district investment grant to FCD Partners for funding proposals for cultural initiatives planned in the district.

Please use the following link to apply and get information; Cultural Investment Grants: FY25 | Franklin Cultural District . If you have a project/initiative that will benefit and promote culture in our community and want to request funding, please complete the Funding Request online form.  

If you have any questions, please contact; John LoPresti, johntlopresti@gmail.com or Amy Adams, amyadams665@gmail.com.  All request for funding must be submitted by 5 PM on November 30, 2024.  

The FCDC will discuss and vote on the investment grant funding requests at its Thursday, December 12, 2024 committee meeting scheduled to be held in-person at the Franklin Public Library community room at 7 PM.

Cultural District Investment Grant info & application ->   https://www.franklinculture.org/cultural-investment-grants-fy25

FTC: Can you spot an investment scam?

Can you spot an investment scam? By Terri Miller Investment scammers claim you'll get big returns investing in a hot new money-making "opportunity" — maybe something like cryptocurrency.  Some scammers say you'll likely make a lot of money if you follow their proven system or method. But will you? Read more >

FTC: Can you spot an investment scam?