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Given the uncertainty of how much local aid the state will give Franklin, Town Administrator Jeffrey D. Nutting is recommending Town Council adopt the Finance Committee's budget, and make necessary changes in July.
He also told the Finance Committee last night that he senses, based on recent visits to the State House, legislators will not finish their budget until the end of June.
"We're $876,000 short, according to the Senate budget, the latest budget. One option is to cut our budget today, but that causes unnecessary panic," because the state could turn around and give Franklin additional funds, Nutting said. The town budget for next year is about $88 million.
Town officials could also take a middle line, and reduce the budget by $400,000 or $500,000 now, he said, but he advised the simplest option, of adopting a preliminary budget and making cuts later.
Read the full article in the Milford Daily News here
Gen Stab 4,554,332
PW Stab 737,853
Debt Stab 576,998
Traffic Stab 21,162
Overlay Surplus - 0 -
Free Cash 63,014
Members of the School Committee and teachers union will meet today once again in an attempt to reach an agreement on a wage freeze that would save $800,0000, or about 16 teachers' jobs, said School Committee Chairman Jeffrey Roy.
"Hopefully, we'll get this done," Roy said.
"It's fair to say we're making a conscious effort to get this resolved before finishing the budget," he said.
The two groups already missed the May 26 deadline, which is when the School Committee opened the public hearing on the budget.
The School Committee continued the hearing to June 9, and must present its budget to Town Council on June 11.
Read the full article in the Milford Daily News here