Episode

FM #1761 - Franklin (MA) Finance Cmte Mtg - 06/03/26

Podcast
Franklin Matters Radio
Published
Jun 12, 2026
Duration seconds
10210
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https://franklin-ma-matters.captivate.fm/episode/fm-1761-franklin-ma-finance-cmte-mtg-06-03-26
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https://episodes.captivate.fm/episode/84d99ea4-3444-435d-a457-f00ea2a81dac.mp3
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Summary

This session shares the Finance Committee meeting conducted Wednesday, June 3, 2026. The Committee meeting opened with 8 members present, 1 remote. All votes were recorded via roll call. Quick recap: Motion to recommend the adjusted FY 2027 budget $ 179,284,565 which uses free cash of $1m plus Second Clarification on going from $2.1 to $1.1 for use of free cash Passes 9-0 via roll call Resolution 26-27 MECC Stabilization Transfer to FY27 Operating Budget Special purpose fund Moved, second, passes via roll call 9-0 Resolution 26-28 Salary Schedule: Full Time Elected Official (Town Clerk) State law requires separate vote So moved, second, passes 9-0 via roll call Resolution 26-29 Expenditure Limits For FY27 on Departmental Revolving Funds State law requires, dedicated revolving funds for the purpose, expenses adjusted as needed So moved, second, passes 9-0 via roll call Resolution 26-33 Capital Round 2 ma-franklin.civicplus.com So moved, second, Discussion on use of the auditors to provide some guidance on providing for the claims through June 30 but would be filed after July 1 Need the cash and a plan for an "oops" Question on the code review for Parmeter, this was a recommendation from the Police Station Building Cmte in January Q on the Senior Center sprinkler system, vendor selection underway No money left for the fire truck? The bond anticipation note is in the budget, could be part of the free cash discussion next year Not really making capital investments with free cash, just buying time plugging holes here and there Motion to amend the resolution by the Parmenter code review and use that for fire truck stabilization account Amendment roll call passes 5 yes, 4 no Motion on the resolution as amended passes 8-1 via roll call Resolution 26-34 Appropriation From Group…