Manager presents budget message to Town Board
The town of Franklin took the first of many steps needed to pass the 2015-16 fiscal year budget on Monday night when town manager Summer Woodard presented a budget proposal to the board of aldermen.
"The town of Franklin remains in sound financial condition," opens Woodard's budget message. "This budget addresses the need for long term financial, infrastructure and strategic planning for the town of Franklin. The town continues to experience slow growth in revenue sources, especially water and sewer revenue. All departments in general government were able to reduce their budgets by five percent. It is crucial that expenditures do not exceed revenues. The town should stabilize and build its fund balance. Fund balance is key to long term financial planning."