Franklin Matters: Town Council approves $120M budget

Monday, May 29, 2017

Town Council approves $120M budget

The recap of the two budget hearings held this past week by the Town Council can be found here.

From the Milford Daily News, articles of interest for Franklin:

"The Town Council resoundingly passed a $120 million fiscal year 2018 budget at the end of a brief meeting Thursday night.

The session featured the second of two public budget hearings required by the town charter. No Franklin resident offered a comment.

The vote was complicated by the fact that Councilor Glenn Jones is an instructor at the Tri-County Regional Vocational Technical High School. The town’s contribution to that school was among the line items in the proposed budget.

Council members remedied the situation by amending the budget motion into two votes: one for the $2.73 million item for regional schools, and another for the remainder of the budget. Jones abstained from the first vote, and took part in the second; both votes passed without opposition."

Continue reading the article online (subscription may be required)
http://www.milforddailynews.com/news/20170525/franklin-council-approves-120-million-budget

The FY 2018 budget document can be found here

https://drive.google.com/open?id=0B0wjbnXDBhczeFo1Ni1nMmhTcDg

FY 2018 budget resolution can be found here

https://drive.google.com/open?id=0B0wjbnXDBhczVzRZVHlNRUFJWmM

FY 2018 budget by major budget category

Benefits	$10,956,398
Culture & Recreation	$1,399,397
Debt Service	$6,609,708
DPW - Hwy	$4,669,497
Education	$62,586,202
General Government	$9,899,231
Human Services	$691,948
Liability Insurance	$525,000.0
Public Safety	$11,201,434
Sewer	$5,074,368.0
Solid Waste Disposal	$1,949,673.0
Water	$4,748,897.0

Total	$120,311,753