Franklin (MA) Matters

This session shares the Franklin (MA) Joint Budget Subcmte meeting held on Tuesday, Dec 17, 2024. 10 members participated, all in Council Chambers, 1 absent (Corbisiero) Quick recap:First item approval of prior meeting minutesMar 8, 2023; Aug 2, 2023; Oct 11, 2023; Mar 6, 2024; Oct 23, 2024All minutes were moved separately for a vote, all votes unanimously approved. 10 members participating in ChambersTown Administrator Jamie Hellen provides an update on minimal changes to the developing FY 2026 budget; Norfolk County pension #s now firm  Health care costs are increasing approx. 18%, company is losing money on Franklin our claims are exceeding what we pay in premium $s, by about 12 cents more than we pay Insurance Advisory Cmte (IAC) has been working well, less competition available in the market$4.5M is a large number, we are still far away from the final numbers, dept budget are due soon, collective bargaining underway, Gov budget coming out in Jan 2025; local receipts likely will get bumped