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Franklin board advances FY2027 budget through first readings, schedules June 9 public hearings
Summary
The board moved first readings and set public hearings for the FY2027 budget package and tax levy on June 9, citing a proposed all‑funds budget of $273.4 million and a general fund of $134.3 million; final adoption requires two more readings and public hearings.
The Franklin Board of Mayor and Aldermen on May 26 advanced the city’s FY2027 budget through initial procedural steps and set public hearings for June 9.
Council moved and passed first readings on several budget‑related ordinances, including Ordinance 2026‑09 (an amendment to the FY2025–26 budget) and Ordinance 2026‑10 (to adopt the FY2026–27 budget). Council members said the FY2027 all‑funds budget is $273.4 million (a 2.7% increase over the current budget) and that the general fund totals $134.3 million (an increase of about 1.8%). The board stressed these are the first of three required readings; public hearings on the budget and related fee and tax items are scheduled for the June 9 meeting.
Several members urged staff to provide a fuller public presentation ahead of the hearings so residents can review high‑level numbers outside the meeting record. Vice Mayor Bagot and other members recommended publishing the budget presentation as a standalone online post so constituents can more easily review it.
Outcome and next steps: The board approved the first readings and established June 9 public hearings. Final adoption will require the second and third readings and any changes arising from public comment or subsequent vote.
Speakers and quotes in this article are drawn from the meeting record and summary comments by board members and staff at the May 26 session.
