04 / 19 / 2018
  - 01:00:06 PM
Franklin Works To Balance Budget
  

By MyFM's Rick Michaels - An executive summary of the proposed Fiscal Year 2019 Budget for the Town of Franklin reveals the spending package will be balanced with money from the town's budget  stabilization fund.   Franklin Town Administrator Jeff Nutting says the use of approximately one and-a-half million dollars from the otherwise called Rainy Day Account will work for this year but for Fiscal Year 2020 the budget will require policy decisions to handle another expected shortfall.   The schools will be provided with the largest year over year increase in a decade.  A total of three-million dollars, but that amount won’t resolve the long-term funding the schools and the town are facing.

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