You can register online here
For specific questions, one can email parmenter5k@gmail.com
Friday, April 6, 2012
Parmenter 5K - Jun 10
This year's 4th Annual Parmenter Fun Run for All Ages will be held on Sunday, June 10th at 10am.
March revenue better than last year but less than forecast
What has this got to do with Franklin?
About 30% of our overall revenue comes from the Commonwealth of MA. Their income stream is up over last year but slightly less than they had forecast. The Governor released his budget in January and the House and Senate versions are being reviewed. What they provide for us helps to determine what services we'll be able to fund.
Posted by:
Robert Bliss, Director of Communication, Department of Revenue
DOR released its March revenue report yesterday in which there were two story lines.
The monthly revenue report includes both a review of the month, with a comparison to the same month a year ago, as well as a review of revenue collection year-to-date(YTD) along with a comparison to the previous year's YTD.
While the press releases presents a written summary of the numbers, the one-page tax collection summary presents the actual revenue numbers.
Perusing that summary reveals that there was one revenue story for March -- namely, that corporate/business tax collections were $50 million below benchmark -- but a separate story for the YTD report, with tax collections running $87 million below benchmark due to less than forecast income tax collections.
Corporate and business tax collections had been running ahead of forecast for the first eight months of the year, but fell $50 million below benchmark in March (and $32 million less than March 2011) leaving the overall March revenue collection of $1.802 billion some $29 million below benchmark.
YTD, the explanation for revenue running $87 million below benchmark is found in income tax collections, which are up $270 million or 3.5 percent, but which have fallen $169 million short of forecast. Basically, it is fair to say that income tax revenue has gone up, but not as much as was built into the forecast.
Both YTD income tax withholding (up $260 million or 3.7 percent but still $74 million under benchmark) and income tax cash estimated payments (down $17 million from a year ago or 1.4 percent and $73 million below benchmark) are down.
As Commissioner Amy Pitter noted in the press release, "Withholding overall has grown, but at the rate forecast, while income tax cash estimated payments dropped off in December and since then have been flat, possibly reflecting a slow down in the collection of investment related income."
So with the big months of April, May and June ahead, the Commonwealth has collected $14.697 billion, $343 million or 2.4 percent more than at the same point a year ago, but $87 million shy of the benchmark.
About 30% of our overall revenue comes from the Commonwealth of MA. Their income stream is up over last year but slightly less than they had forecast. The Governor released his budget in January and the House and Senate versions are being reviewed. What they provide for us helps to determine what services we'll be able to fund.
Sent to you by Steve Sherlock via Google Reader:
via Commonwealth Conversations: Revenue by Robert Bliss on 4/5/12
Posted by:
Robert Bliss, Director of Communication, Department of Revenue
DOR released its March revenue report yesterday in which there were two story lines.
The monthly revenue report includes both a review of the month, with a comparison to the same month a year ago, as well as a review of revenue collection year-to-date(YTD) along with a comparison to the previous year's YTD.
While the press releases presents a written summary of the numbers, the one-page tax collection summary presents the actual revenue numbers.
Perusing that summary reveals that there was one revenue story for March -- namely, that corporate/business tax collections were $50 million below benchmark -- but a separate story for the YTD report, with tax collections running $87 million below benchmark due to less than forecast income tax collections.
Corporate and business tax collections had been running ahead of forecast for the first eight months of the year, but fell $50 million below benchmark in March (and $32 million less than March 2011) leaving the overall March revenue collection of $1.802 billion some $29 million below benchmark.
YTD, the explanation for revenue running $87 million below benchmark is found in income tax collections, which are up $270 million or 3.5 percent, but which have fallen $169 million short of forecast. Basically, it is fair to say that income tax revenue has gone up, but not as much as was built into the forecast.
Both YTD income tax withholding (up $260 million or 3.7 percent but still $74 million under benchmark) and income tax cash estimated payments (down $17 million from a year ago or 1.4 percent and $73 million below benchmark) are down.
As Commissioner Amy Pitter noted in the press release, "Withholding overall has grown, but at the rate forecast, while income tax cash estimated payments dropped off in December and since then have been flat, possibly reflecting a slow down in the collection of investment related income."
So with the big months of April, May and June ahead, the Commonwealth has collected $14.697 billion, $343 million or 2.4 percent more than at the same point a year ago, but $87 million shy of the benchmark.
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Thursday, April 5, 2012
"adopted lower trash fees"
In the Town Council meeting on Wednesday, there were four major items discussed:
- the capital budget
- within it were items for the Library
- discussion on Fire Dept staffing
- adoption of the lower trash fee (reduced from $220 to $204)
Part of the Milford Daily News reporting on the meeting:
Town Council also approved funding for library items not on the agenda, unanimously supporting $10,000 for library salaries and $40,000 for library materials, both from the free cash account.
The move was in anticipation of a state vote tomorrow to reconsider the library’s certification and show that the town financially supports its library, Library Director Felicia Oti said.
The library lost its certification in February, in part because about 27 percent of its funding was cut in the last budget cycle, said a spokeswoman from the state’s Board of Library Commissioners.
Read more: http://www.milforddailynews.com/news/x777661177/Franklin-to-get-new-fire-truck-ambulance#ixzz1r9qp8iNM
Wednesday, April 4, 2012
Stop Stealing Dreams
Seth Godin always asks provocative questions. He has an ebook/essay on education reform that I just found here
http://www.squidoo.com/stop-stealing-dreams
Have you read this yet?
What do you think?
http://www.squidoo.com/stop-stealing-dreams
Have you read this yet?
What do you think?
Alert: RT 140 Construction
Beginning April 9th, 2012 a water main replacement project will begin on East Central St (Route 140) in the area between Glen Meadow Road and Aspen Way. Motorists should allow for extra time when travelling in this area as the roadway will be reduced to a single lane at times. Work will be completed during the hours of 9 AM – 4 PM in an effort to minimize disruption. Construction is anticipated to last approximately 4 weeks.
This text and the embedded doc were originally posted on the Franklin website
http://franklinma.virtualtownhall.net/Pages/FranklinMA_News/01887CEA-000F8513
RT_140_Construction_20120409
A live portion of Google Maps showing the area of construction:
View Larger Map
Public Notice: hydrant flushing
The Franklin Department of Public Works, Water Division will begin its hydrant flushing program on Monday, April 9, 2012. This program is conducted annually to improve Franklin’s water quality and fire flows. Some hydrants will be flushed between the hours of 7:00 pm and 11:00 pm, while others will be completed during the day. Hydrant flushing will continue depending on water availability and system pressures. Residents may experience discolored water during this process.
Residents may experience, temporary water loss or discolored water while hydrants are being flushed in their area. Even though aesthetically the water may look discolored, it is still safe for human consumption.
Thank you in advance for your patience and cooperation and we apologize for any
inconvenience that this may cause. If you have any questions or concerns, please call the Water Office at 508-553-5551.
Department of Public Works
Deacon Perrotta
Water & Sewer Superintendent
Originally posted on the Franklin website
http://franklinma.virtualtownhall.net/Pages/FranklinMA_News/01887947-000F8513
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