Year in Review
Change is inevitable. In a progressive country change is constant. Benjamin Disraeli, British Prime Minister spoke those words in 1867. They ring true in Franklin today. On behalf of the Franklin
Finance Committee, it is my pleasure to submit our annual report.
Our fiscal year, which started July 1, 2008, saw much in the way of change. We started the year with three openings on the committee. We were, once again, fortunate to have more volunteers than openings available. We added three very sharp members, Tina Powderly, Juan Rivera & Robert Teixeria. I count myself fortunate to have worked along side all those who served on the committee.
During the year the committee met eleven times. Five of those meetings were focused on the fiscal 2010 budget. We continue to encourage folks to be involved in the budgeting process. And while the council chambers are not overflowing we are encouraged by the questions and emails from interested parties.
Budget Process Changes
There were many unanticipated changes in the budget process this year. Franklin is fortunate to receive nearly forty percent of our funding from state sources, however, delays at the state level can complicate planning at the local level. Changes at the state level can dictate changes at the local level.
The Governor proposed changes in lottery distributions that were additionally changed by the legislators. Legislators proposed and passed several new taxes, all the while delaying any firm estimate of revenue to the town until well into June.
The economy also continues to change. Many residents as well as businesses and municipalities are directly impacted in an economic downturn. So we all continue to squeeze expenses and be creative with ways to maintain services or raise revenues.
Some things that remain constant are limited resources available to provide desired services, committed employees and volunteers willing to serve and Franklin continuing to be a desirable community in which to live.
Financial Planning
Members of the Finance Committee, along with members of Town Council, School Committee and citizens, continue to project and forecast future needs. This process continues to be a moving target, largely due to changes at the State level, however we will continue to reach out, inform residents and receive input from all as the process evolves.
Expect Change
In closing I implore you not only to expect change, but embrace change. I am confident there will be new & different residents who get involved. I am certain there will be budget challenges next fiscal year. I am also convinced that through dialog and debate between elected officials, employees, volunteers and residents changes will be made that continue to serve the best interests of our town.
Respectfully Submitted,
Jim Roche
Chairman, Franklin
Finance Committee
Brett Feldman, Vice Chairman
Phyllis Messere, Clerk
Rebecca Cameron
Mark Cataldo
Jack Caulfield
Pat Goldsmith
Craig Maire
Tina Powderly (elected to Town Council on Nov 3, 2009)
Juan Rivera
Robert Teixeira