Franklin officials discuss debt and infrastructure funding amid property tax reassessment

In the heart of Franklin City Hall, a spirited discussion unfolded during the recent Board of Mayor and Aldermen (BOMA) work session, where city leaders grappled with pressing financial concerns and infrastructure needs. The atmosphere was charged with a sense of urgency as officials examined the city's growing debt and the implications for future projects.

Alderman Berger voiced a critical perspective on the city's financial trajectory, expressing concern over the mounting debt shared between Franklin and Williamson County. "We can't keep going into debt without a plan to pay it back," he cautioned, emphasizing the need for a sustainable approach to funding. His remarks resonated with the audience, highlighting a shared apprehension about fiscal responsibility.

The conversation quickly shifted to potential solutions, with Berger suggesting a reevaluation of spending priorities. He pointed to an upcoming property tax reassessment as an opportunity to explore new funding avenues. "We need to recognize what a penny of property tax does for us," he stated, advocating for a transparent discussion with residents about their willingness to support tax increases specifically earmarked for infrastructure improvements.

Mayor Moore responded by reflecting on the city's previous tax increases, which were tied to specific community projects. He underscored the importance of maintaining Franklin's AAA credit rating, which allows the city to finance necessary developments. However, he acknowledged the challenges posed by state-level funding issues, urging local legislators to address the financial burdens placed on cities.

As the meeting progressed, the focus turned to transportation, a critical area of concern for the growing community. Officials discussed the need for enhanced road infrastructure, particularly in Southeast Franklin, where development is surging. The mayor highlighted the potential for technology to aid in transportation solutions, while also exploring grant opportunities for safety improvements on local roads.

The session concluded with a call for community engagement. Alderman Berger reiterated the importance of involving residents in discussions about tax increases for infrastructure, emphasizing that any new tax should have a clear purpose and an expiration date. "If roads are that important, are we willing to raise a tax?" he asked, inviting the public to weigh in on the future of Franklin's transportation and infrastructure.

As the city navigates these complex financial waters, the discussions at the BOMA work session reflect a commitment to transparency and collaboration with the community. The path forward remains uncertain, but the dialogue initiated in city hall is a crucial step toward addressing the pressing needs of Franklin's residents.