FM #1338 = This is the Franklin Matters radio show, number 1338 in the series.
This session shares my conversation with Town of Franklin Chief Financial Officer Kerri Bertone and Interim School Business Administrator, Jana Melotti. We had our discussion in person in the Finance offices at the Town of Franklin municipal building on Thursday, December 12, 2024.
Kerri, Chris Sandini (now retired) and I had recorded a session on the budget cycle and finance terminology in April 2022. Aside from the Triple AAA bond rating, which we had not achieved at the time of the recording, it did happen in May 2022, nothing significant had changed in the cycle and recording material.
The Town and School sides did see a reorganization of the Finance functions this year and we review those details in this session.
We cover
The new Finance team org chart for Town and Schools
Separation of duties and cross training
Maintenance of the AAA bond rating is key
Discussion on similarity of enterprise funds (Town) and revolving accounts (Schools)
Free cash and capital funding
Reimbursement of the emergency shelter school kids by DESE
Audit of FY 2024 closing out, free cash being certified, budget cycle in process
The recording runs about 50 minutes, so let’s listen in. Audio link -> https://franklin-ma-matters.captivate.fm/episode/fm-1338-franklin-ma-finance-reorg-updates-12-1224/
--------------
Finance organization chart (part of Nov 6, 2024 Finance Cmte meeting)
April 2022 recording with Kerri & Chris Sandini
https://www.franklinmatters.org/2022/04/the-town-of-franklin-budget-cycle.html
3 part series on Water
3 part series on Sewer
Town budget page https://www.franklinma.gov/town-budget
School budget page https://www.franklinps.net/o/fpsd/page/school-district-budget
-------------
We are now producing this in collaboration with Franklin.TV and Franklin Public Radio (wfpr.fm) or 102.9 on the Franklin area radio dial.
This podcast is my public service effort for Franklin but we can't do it alone. We can always use your help.
How can you help?
If you can use the information that you find here, please tell your friends and neighbors
If you don't like something here, please let me know
And if you have interest in reporting on meetings or events, please reach. We’ll share and show you what and how we do what we do
Through this feedback loop we can continue to make improvements. I thank you for listening.
For additional information, please visit Franklinmatters.org/ or www.franklin.news
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!
------------------
You can also subscribe and listen to Franklin Matters audio on iTunes or your favorite podcast app; search in "podcasts" for "Franklin Matters"
