Friday, December 20, 2013

Franklin's portion of the Norfolk County Retirement System

Unfunded liability is an item of discussion for the Franklin budget. There are two areas of unfunded liability. The Norfolk County Retirement System and the towns own post-retirement benefit liabilities. Town administrator Jeff Nutting reviewed this worksheet with the Finance Committee at the December meeting. It was the first time that Franklin had received such detail from Norfolk County.

As you read the table in the attachment below, FRA is the Franklin line. We have an outstanding liability of $36.4M.



How Franklin will save to pay for this unfunded liability will continue to be a discussion item each budget cycle.

MassBudget: The State of Working Massachusetts - Poverty Still Elevated




MassBudget  Information.
  Participation.
 Massachusetts Budget and Policy Center  Democracy.

The State of Working Massachusetts 
2013 is coming to a close, and while our state economy has continued to grow, the poverty rate remains stubbornly high and wages are still lower than they were before the "Great Recession." MassBudget's new online version of "The State of Working Massachusetts" presents a snapshot of economic conditions currently facing workers in Massachusetts and across the nation, along with some longer-term trends.

We find, in particular, that: 

  • Even now, four years after the end of the recession, the poverty rate has not begun to decline

  • Since 2007, the statewide poverty rate has increased from 9.9% to 11.9%

  • Over 1 in every 7 children across the state is currently living in poverty

In addition to covering issues of poverty, the various sections of "The State of Working Massachusetts" discuss the jobs situation in our state along with the declining value of the minimum wage, changes in household income, and the important role education plays in all of these. We invite you to read more about any of these areas, and to check back periodically as materials get updated.

The Massachusetts Budget and Policy Center (MassBudget) produces policy research, analysis, and data-driven recommendations focused on improving the lives of low- and middle-income children and adults, strengthening our state's economy, and enhancing the quality of life in Massachusetts.

MASSACHUSETTS BUDGET AND POLICY CENTER
15 COURT SQUARE, SUITE 700
BOSTON, MA 02108
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Massachusetts Budget and Policy Center | 15 Court Square | Suite 700 | Boston | MA | 02108

Open Registration for Boys' Vocal Ensemble


Encore Music Academy and Recording Studios is currently offering open registration for their Boys' Vocal Ensemble, with the first class starting on January 6th.  
Classes will be weekly on Mondays from 6:30 to 7:30 and are for boys, ages 8 to 18.   
Encore Music Academy
Students will learn music of all genres, work with harmonies and perform locally.  
To register for the class, please call Encore at 508-533-7700.  
Class fee is $260 for the trimester.

Additional information on this class and other offerings from Encore Music Academy can be found on their webpage here:  http://www.encoremusicacademy.net/instruction/classes/


In the News: Brown leaves, Casino spending


Scott Brown settles into N.H. home

The wife of former Massachusetts U.S. Sen. Scott Brown says the couple is settling into its new permanent home in Rye, N.H.,  a move likely to fuel further speculation about his possible future political plans.


Casino outspent Milford citizen group 40 to 1 and still lost

Campaign finance reports filed Thursday, 30 days after the referendum vote where Milford defeated a casino proposal, show that Foxwoods outspent the citizen opposition group 40 to 1.


Thursday, December 19, 2013

Franklin Food Elves Campaign Update


Franklin Downtown Partnership
The Franklin Food Elves "12 Days of Donating" will be ending this week.

Thank you to everyone who participated.  The Food Elves collected a Record 6,750 pounds of donations this year so far.  This is 2,550 pounds more than last year!

The Food Elves are hoping to add another 100 pounds to the total by the end of this week....so please stop by one of the participating businesses by Thursday if you still have donations.  


Red Bins can be found at: 
Dean Bank, Dean College, DCU, Downtown Partnership, Emma's Quilts, Jane's Frames, Murphy Business and Pour Richards.  

You can also mail or drop off check donations to the Food Pantry directly.

Have a very Merry Holiday Season!

The Franklin Downtown Partnership
The Franklin Food Elves

January Meetings of note


Franklin Downtown Partnership - General Meeting
Thursday, January 9th-8:30 AM
Dean College Campus Center-Golder Room
Coffee will be served


Hearing on 150 Emmons Street Property/Old Municipal Building
Discussions on what the community would like to see developed on this site
Tuesday, January 21st-7:00 PM
Town Hall-Training Room


Zoning Workshop
Wednesday, January 29th-7:00 PM
Town Hall-Training Room



This was initially posted on the Franklin Downtown Partnership webpage here
http://www.franklindowntownpartnership.org/2013/12/a-few-important-upcoming-meeting-dates.html


WMRC Finalizes Negotiations With Entercom to Broadcast the Red Sox Through 2016


WMRC-First Class Radio has just completed negotiations with Entercom of Boston, and has finalized an agreement that will insure that Boston Red Sox Baseball will be broadcast throughout this market through the 2016 season. 
Since signing with WMRC back in 1990 the Sox have won 4 American league East Titles, played in 7 American League Championship Series, and won 3 World Series Titles. 
WMRC 1490 - AM
Returning voices of Dave O'Brien and Joe Castiglione 
Sox greats since 1990 include Mo Vaughn, Trot Nixon, Roger Clemmens, Jason Varitek, Johnny Damon, Pedro, Schilling, Mike Lowell, Papi, Mike Napoli, Jonny Gomes 
Future Stars include Jackie Bradley Jr., Zander Boggarts, Will Middlebrooks
Tom McAuliffe Says "This is a fantastic partnership for WMRC, our listeners and our loyal Red Sox sponsors, and I'm thrilled to have the negotiations behind us, and know that the Sox will be on WMRC-First Class Radio for the next 3 seasons."