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Franklin City reviews proposed annual budget; members seek $100,000 net profit target

Franklin City Utility Board/City Council (meeting) · October 22, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council members reviewed the proposed annual budget and third-quarter figures, noted year-to-date net operating income of about $210,000, raised questions about a pension-assets line and requested clearer documentation; the body plans to vote on the budget in November.

At the meeting, members reviewed a proposed annual budget and third-quarter (year-to-date) figures. The presiding member said, “based upon where we are, we’re right now through September, our net operating income was 210,000 plus dollars,” and added a preference to budget at least a…

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