Monday, April 30, 2007

Tidbits from FinCom Meeting 4/30/07

The FBI recommendation for security personnel for a town of our size = 61.
Franklin has 46

National Fire Safety standard for a town of our size calls for two fire personnel for each 1,000 in population. Do the math, approx. 30,000 residents times 2 = 60.
Franklin has 48

Jeff Nutting, Town Administrator said "The town does not have enough money to operate"

"If the override is approved, we will start next fiscal year $1.6M in the hole"

"Regionalization is a bad word in the Commonwealth. The only alternative to trying to save money by pooling resources is to increase the tax rate over and over again"

Jim Roche, FinCom member said "The budget was a political decision not a financial decision by the Town Council"

Ken Norman, FinCom Chariman said "We see nothing but planning by the departments in this town. It is wrong from criticism to say there is a lack of planning"

Jeff Nutting said "Debt is not driving our problem. 1.8% this year and 2.7% next year, a 0.9% percent increase in debt on an $80 million budget."

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