Council plans budget work session

Published 9:57 am Wednesday, June 8, 2016

Franklin City Council will have a budget work session tonight, beginning at 6 o’clock. This is a special called meeting and will be open to the public.

“Essentially they [city council] will go through the final recommendations,” city manager Randy Martin said. “I will give them [city council] some updates since the last viewing.”

During the work session, council will review the budget in its entirety.

The proposed fiscal year 2016-2017 city budget for all operating funds is recommended to be $55,886,074, which is $267,525 or .48 percent above the fiscal year 2015-2016 adopted budget.

One of the big issues that will be discussed is the proposed real estate tax increase from $0.99 cents per $100 to $1 per $100.

Council will also discuss the recommendations that are associated with the electric fund, Franklin City schools, trash collection fees, water and sewer rates, electric service rates and personal property tax relief rate. Several of these rates are expected to stay the same.

“This is mainly preparing for the public hearing,” Martin added.

The public hearing will be during council’s regularly scheduled meeting on Monday, June 13, beginning at 7 p.m.

Both the work session and the public hearing will take place in council chambers, 207 W. Second Ave., Franklin.

City council must approve the Fiscal Year 2016-2017 City Operation Budget prior to July 1.