Aggressive local receipt estimates over the next few years will decrease the gap between budgeted and actual revenues. As noted earlier, this has already beginning. Amounts to Be Raised The amounts to be raised have continually been increasing . At the same time, the town s population and the demand for services have increased. Some of this increase is due to the increasing demands of infrastructure requirements.
Examples are the new middle school, the new fire station and, water and sewer projects.
However, this trend will not continue past fiscal 2001. The Education Reform Act of 1993 will continue to restrict the amount of resources available for municipal needs. Franklin has the highest municipal growth factor in the state. This however, does not preclude the Town from getting voter approval for any debt exclusion projects. The Town has little or no control over State and County assessments.