Thread by @FranklinMatters

policy review (policy on page 2) proposing to remove the open space accounts as CPA is available. Req to adjust the enterprise accounts indented under the Enterprise account header (water, sewer, trash) #fincom0209

hotel fee getting hit with COVID effect and thereby less revenue, keep as a local receipt into the ops budget for roads (wouldn't do much on it's on - under the circumstance) - incorporate marijuana sale tax revenue into ops budget (rather than capital budget) #fincom0209

Q on host community agreement - what it is and how long it lasts, $300K / year (not to exceed 3% of gross sales) - currently set at 5 years for Franklin #fincom0209 this completes the review of the policy, motion to approve, via roll call 8-0

FY 22 capital plan (see agenda doc) total free cash $4.4M a high amount, maybe a record, won't likely be repeated. proceeding section by section or the separate capital plan doc here -> drive.google.com/file/d/1NmZGJ1…
#fincom0209

with $4.4M as starting point, set aside for snow/ice, and to debt stabilization, leaves us with $2+M for the capital plan, first pass now, after snow/ice confirmed, to come back for a second pass #fincom0209

Dept level: School Department, School Technology, School Facilities - $701,000 multiple items covered in the details in agenda doc #fincom0209 Q - to clarify on text books, yes it is both materials and Chromebook licenses

one of the Senior Center requests is for a pavilion outside to provide some shade. If you have ever seen it, it is exposed, the bocci court is covered (at either end) but the chairs/tables are totally exposed. #FINCOM0209 hopefully to have Tri-County students build

fire alarm system upgrade, the vehicles were in the plan for several years and have risen to the top this year; grant to assist for the clothing request #fincom0209

5 replacement vehicles for police, vehicles were hybrid but not available so they would go gas; NationalGrid doing a fleet analysis to help determine the economics would take approx. a year #fincom0209

on to enterprise accounts: water treatment plant analysis; tank replacement analysis for the hill behind Dean. #fincom0209 sewer enterprise, general improvements to whole system; Federal ARPA fund guidance being changed, may now qualify for ARPA, want to get it done either way

did apply for SRF funding for the Beaver St connector, set to bid in late August and then 2 year construction; loan will be paid out of sewer enterprise fund; can tell how much it could be now, too early. #fincom0209 will need to get the bids, SRF gets a 0% loan

check out the listing of all the other items that are on the wish list for future consideration #fincom0209 approve what has been submitted for, via roll call 8-0

approval of Jan 12 minutes, motion, second, passes 8-0 via roll call #fincom0209

stabilization account update, listed at the end of the capital and capital memo #fincom0209
future agenda items, DPW deep dive, next month (March 9); may cancel the April meeting - they will be meeting multiple times in May 2022 (budget hearing)

Joint Budget subcommittee meeting March 10, approx. 6:30 or 6 #fincom0209
motion to adjourn, second, passes 8-0 via roll call

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