Franklin opens public hearing on proposed $7.36M 2026–27 budget; trustees press for revenue and line‑item clarity

The Village of Franklin opened a public hearing on the proposed fiscal year 2026–27 budget at its May 11 meeting. The draft budget presented to the council totals approximately $7.36 million; staff said the document begins a 30‑day review period ahead of an anticipated adoption in June.

The treasurer explained that the budget is preliminary in several areas — for example, salary allocations and some insurance costs were described as placeholders while final figures are confirmed. A trustee asked whether tax rates were included; staff said tax‑rate decisions are a separate agenda item. When asked about confidence in the revenue estimate of $2.5 million, the treasurer said they were "fairly confident" but cautioned that shared state revenues, property tax collections and other intergovernmental items can change.

Trustees and residents also pointed to line items where activity through the current fiscal year exceeds the projected amounts (for example, winter maintenance and trees/shrubs) and discussed whether projected activity should be updated or a budget amendment prepared. Staff acknowledged some line items should be updated to reflect actual year‑to‑date spending and said the projected amounts would be revised.

Councilors described how the draft reduced several contracted services and deferred or removed a main‑street director position to lower costs. The council closed the public hearing and scheduled further review, asking trustees with specific questions to route them through staff so answers can be provided before a final vote.