5 things to know about Franklin Wochit
(Photo: File / USA TODAY NETWORK – Tennessee)
City of Franklin leaders have released the proposed $70 million budget for the 2018-2019 year.
Franklin leaders said the 1.2 percent increase in the general budget from last year’s $69.4 million stems from personnel expenses and service expansion in public safety, parks and streets. Those departments are all areas affected by growth.
City officials said the budget reflects comments from the resident survey and strategic growth plans.
The total budget is $152.5 million, which includes all 14 budgeted funds, but not capital projects. Some of Franklin’s funds — like water and sewer — are self-sustaining.
Your property tax rate
Though the budget increased from last year, Franklin residents won’t see a raise on their tax bill.
The property tax rate will remain unchanged at 41 cents per $100 of assessed valuation.
In addition, the Invest Franklin dedicated funding for infrastructure and transportation investment will remain in place. In 2016, Franklin aldermen raised property taxes for the first time in decades to support the initiative.
New city positions
An increase in the budget also means new positions.
The proposed budget has an increase of 4.5 positions. Of those, a position and a half are included in the general fund. New jobs will open in the engineering, streets, water management and stormwater departments, which are affected by the city’s growth.
Your sanitation bills
Residents could see an increase to their bills for garbage collection and recycling.
The proposed increase is from $17.50 per month to $19 per month.
This budget doesn’t require a general fund subsidy to sanitation and environmental service operations.
Every City of Franklin employee will see a pay increase.
The budget includes a general pay increase of 2.5 percent. Employees also could receive an additional 2.5 percent raise based on performance.
The general pay increase for city employees will start the first pay period of July.
In this year’s budget, the street maintenance program will have a $1 million increase in funding for neighborhood street resurfacing, street sealing and sidewalk repair.
Leaders also provided additional funding in its departments for equipment replacement, totaling $3.5 million. They also provided $500,000 in technology enhancements and $500,000 for facility improvements across the city.
Reach Emily West at email@example.com or 615-613-1380 and on Twitter at @emwest22.