FINANCIAL PLANNING COMMITTEE
MINUTES OF MEETING
FEBRUARY 5, 2009
The meeting was called to order at 7:00 pm.
Members present were: Deborah Bartlett, James Roche, Matt Kelly, Roberta Trahan, Rebecca Cameron, Doug Hardesty and Gwynne Wilschek. Also present were Jeffrey Nutting and Wayne Odgen. Absent were Steve Whalen and Shannon Zollo.
The Committee reviewed reports to date. Matt Kelly handed out a sample of FAQ's for review. Deborah Bartlett and Roberta Trahan submitted their information to Doug Hardesty. Jim Roche handed out a draft of his work; Jeff Nutting continues to work with Rebecca on the assumptions. Members should submit changes, improvements etc. to Doug Hardesty in the next 10 days so it will be ready for the next meeting.
The meeting adjourned at 8:30 p.m.
Respectfully submitted,
Jeffrey Nutting
Friday, February 20, 2009
Financial Planning Committee minutes 1/15/09
FINANCIAL PLANNING COMMITTEE
MINUTES OF MEETING
January 15, 2009
A meeting of the Financial Planning Committee was held on January 15, 2009 at the Franklin Municipal Building. Members present were Deborah Bartlett, Shannon Zollo, Roberta Trahan, Jim Roche, Rebecca Cameron and Doug Hardesty, Matt Kelly & Gwynne Wilschek. Also present was Jeffrey Nutting, Town Administrator and Wayne Odgen, School Superintendent. Absent was Steve Whalen.
The meeting was called to order at 7:05 p.m.
The Chairman Jim Roche asked that each subcommittee report on the progress of their assignment. The members reviewed their work to date and the Committee discussed the work and suggested a format for a final product by each subgroup.
Doug Hardesty requested that all work at the individual level be completed in two weeks and forwarded to him so he could collate the information.
The next meeting is scheduled for February 5, 2009
Respectfully submitted,
Jeffrey D. Nutting
MINUTES OF MEETING
January 15, 2009
A meeting of the Financial Planning Committee was held on January 15, 2009 at the Franklin Municipal Building. Members present were Deborah Bartlett, Shannon Zollo, Roberta Trahan, Jim Roche, Rebecca Cameron and Doug Hardesty, Matt Kelly & Gwynne Wilschek. Also present was Jeffrey Nutting, Town Administrator and Wayne Odgen, School Superintendent. Absent was Steve Whalen.
The meeting was called to order at 7:05 p.m.
The Chairman Jim Roche asked that each subcommittee report on the progress of their assignment. The members reviewed their work to date and the Committee discussed the work and suggested a format for a final product by each subgroup.
Doug Hardesty requested that all work at the individual level be completed in two weeks and forwarded to him so he could collate the information.
The next meeting is scheduled for February 5, 2009
Respectfully submitted,
Jeffrey D. Nutting
Financial Planning Committee minutes 12/18/08
FINANCIAL PLANNING COMMITTEE
MINUTES OF MEETING
DECEMBER 18, 2008
A meeting of the Financial Planning Committee was held on December 18, 2008 at the Franklin Municipal Building. Members present were Deborah Bartlett, Shannon Zollo, Roberta Trahan, Rebecca Cameron, Doug Hardesty and Gwynne Wilschek. Also present were Jeffrey Nutting and Wayne Odgen. Absent were Steve Whalen, Matt Kelly and Jim Roche.
The Town Administrator handed out information on the comparison of the FY01 to FY09 budgets, a list of all things all departments have done over the last many years to reduce staff, cut costs, improve efficiencies, receive grants, etc., as well as a list of legislative priority items the Massachusetts Municipal Association and others are hoping the Legislature will consider in order to control costs.
Doug Hardesty asked what the Committee thought should be included in the report. Deb Bartlett suggested an executive summary, budget information, fiscal policies, history of capital, school mandates, costs beyond the control of the Town, services we must perform and how citizens might help. Other suggestions were bulletin points, graphs and charts, but keeping the summary to a few pages, as well as information on population, students, staffing etc. Doug offered to try a "straw man" draft of the format and then committee members would need to do some work to fill in the information.
The meeting adjourned at 8:20 p.m.
Respectfully submitted,
Jeffrey Nutting
MINUTES OF MEETING
DECEMBER 18, 2008
A meeting of the Financial Planning Committee was held on December 18, 2008 at the Franklin Municipal Building. Members present were Deborah Bartlett, Shannon Zollo, Roberta Trahan, Rebecca Cameron, Doug Hardesty and Gwynne Wilschek. Also present were Jeffrey Nutting and Wayne Odgen. Absent were Steve Whalen, Matt Kelly and Jim Roche.
The Town Administrator handed out information on the comparison of the FY01 to FY09 budgets, a list of all things all departments have done over the last many years to reduce staff, cut costs, improve efficiencies, receive grants, etc., as well as a list of legislative priority items the Massachusetts Municipal Association and others are hoping the Legislature will consider in order to control costs.
Doug Hardesty asked what the Committee thought should be included in the report. Deb Bartlett suggested an executive summary, budget information, fiscal policies, history of capital, school mandates, costs beyond the control of the Town, services we must perform and how citizens might help. Other suggestions were bulletin points, graphs and charts, but keeping the summary to a few pages, as well as information on population, students, staffing etc. Doug offered to try a "straw man" draft of the format and then committee members would need to do some work to fill in the information.
The meeting adjourned at 8:20 p.m.
Respectfully submitted,
Jeffrey Nutting
The Green Reel: "The Next Industrial Revolution"
The Green Reel: a series of films for sustainable living will be shown on Sunday evenings this winter.
What: The Next Industrial Revolution"
When: 7:00 PM on February 22, 2009
Where: Agudas Achim, 901 North Main St, Attleboro or directions here
read more about the file "The Next Industrial Revolution" here
Sponsors:
What: The Next Industrial Revolution"
When: 7:00 PM on February 22, 2009
Where: Agudas Achim, 901 North Main St, Attleboro or directions here
Free and open to the public.
For more info: 508-695-2389
For more info: 508-695-2389
read more about the file "The Next Industrial Revolution" here
Sponsors:
Agudas Achim
Crystal Spring Center
Simply Keep It Local
Oak Knoll Wildlife Sanctuary
Citizens for a Sustainable Local Economy
Murray Unitarian Universalist Church
Green Committee of First Universalist Society of Franklin
New Dawn Earth Center
Oake Knoll Ayrshires
Franklin Area Climate Team
White Barn Farm
St Mark's Episcopal Church-Foxboro
Thursday, February 19, 2009
Financial Plng Comm 02/19/09
The live reporting from the Financial Planning committee meeting of 2/19/09 can be found here
Live reporting - Financial Planning Committee (continued)
Executive summary, page 2.
In 1995, the town paid 71% of the school budget, we are now down to 50%.
The idea behind the plan is a call to action. These trends will continue unless action is taken.
If we eliminate services, we can address costs.
If we are too general here, they might miss the point. I think we do need to get an example in their.
March 5th for the trial preview is not likely. We have spent time just on the 3 page executive summary.
You don't have to rush to March 5th. What we have before us will not likely change. The train has already left the station.
Getting this done by April 1st should be our goal.
Need to provide the option. The citizens are either going to vote for or against but there is a choice that the citizens need to make.
Jeff is ready to send the soft copy of all the data accumulated to date.
We will be meeting March 5th. No preview for focus group.
March 19th is the FEF Trivia Bee.
Considering the 12th or 26th? Meet on the 12th.
April 2nd? can that be the focus group? yes
Keep the 26th for a meeting.
April 15th joint meeting of Town Council, School Committee, Finance Committee
TBD - Horace Mann for town wide discussion. 7:00 PM to 9:00 PM
(updated 2/24/09 - the date had been tentatively planned for 4/29/09 but that day has a prior commitment)
We are gaining momentum as the material comes together.
In 1995, the town paid 71% of the school budget, we are now down to 50%.
The idea behind the plan is a call to action. These trends will continue unless action is taken.
If we eliminate services, we can address costs.
If we are too general here, they might miss the point. I think we do need to get an example in their.
March 5th for the trial preview is not likely. We have spent time just on the 3 page executive summary.
You don't have to rush to March 5th. What we have before us will not likely change. The train has already left the station.
Getting this done by April 1st should be our goal.
Need to provide the option. The citizens are either going to vote for or against but there is a choice that the citizens need to make.
Jeff is ready to send the soft copy of all the data accumulated to date.
We will be meeting March 5th. No preview for focus group.
March 19th is the FEF Trivia Bee.
Considering the 12th or 26th? Meet on the 12th.
April 2nd? can that be the focus group? yes
Keep the 26th for a meeting.
April 15th joint meeting of Town Council, School Committee, Finance Committee
TBD - Horace Mann for town wide discussion. 7:00 PM to 9:00 PM
(updated 2/24/09 - the date had been tentatively planned for 4/29/09 but that day has a prior commitment)
We are gaining momentum as the material comes together.
Live reporting - Financial Planning Committee 2/19/09
Attending: Roche, Bartlett, Cameron, Hardesty, Nutting, Trahan, Whalen, Zollo, Wilschek (late)
Absent: Kelly, Ogden
Accepted minutes of Dec 18, Jan 15, Feb 5.
Discussion on the executive summary draft
Need to be consistent with numbers used. The State DOE calculates slightly differently. They include the enterprise accounts.
Include a glossary of terms in the appendix so everyone can have and use the same terms in the same way.
Doesn't want to use any term in the executive summary that would be required to be defined in the glossary.
Discussion on raising issues
Newton did their study; Harvard professors spent six months reviewing the finances and determined that the current process was not sustainable.
There are 2 or 3 budget busters that should not be a surprise; wages, health costs, SPED costs (including transportation).
Need to be accurate and unbiased on the data presentation.
We can get to the other infrastructure items over time. We will have capacity to borrow some 3 million. We won't be able to do the high school without a debt exclusion for sure, but overtime we can get to the other infrastructure items. Recall, this year's total capital budget was 8 million in requests of which we are proceeding with 1.3 million.
At some point, specifically with the roads, we are to a point where we need to do something in addition to the way we are tackling the roads today.
Absent: Kelly, Ogden
Accepted minutes of Dec 18, Jan 15, Feb 5.
Discussion on the executive summary draft
Need to be consistent with numbers used. The State DOE calculates slightly differently. They include the enterprise accounts.
Include a glossary of terms in the appendix so everyone can have and use the same terms in the same way.
Doesn't want to use any term in the executive summary that would be required to be defined in the glossary.
Discussion on raising issues
Newton did their study; Harvard professors spent six months reviewing the finances and determined that the current process was not sustainable.
There are 2 or 3 budget busters that should not be a surprise; wages, health costs, SPED costs (including transportation).
Need to be accurate and unbiased on the data presentation.
We can get to the other infrastructure items over time. We will have capacity to borrow some 3 million. We won't be able to do the high school without a debt exclusion for sure, but overtime we can get to the other infrastructure items. Recall, this year's total capital budget was 8 million in requests of which we are proceeding with 1.3 million.
At some point, specifically with the roads, we are to a point where we need to do something in addition to the way we are tackling the roads today.
Subscribe to:
Posts (Atom)