Details for Notice is hereby given that the Board of Mayor and Aldermen of the City of Franklin will hold a

Notice is hereby given that the Board of Mayor and Aldermen of the City of Franklin will hold a
Public Hearing concerning Ordinance 2020-14, Ordinance 2020-15 and Resolution 2020-70 on the 9th
day of June at 7:00 p.m. in the Board Room at City Hall for the purpose of receiving comments from
interested citizens regarding the proposed budget for the City of Franklin for the fiscal year 2020-21.

The following is a summary of the proposed budget:
Actual
2018-2019

Estimated
2019-2020

Proposed
2020-2021

I. REVENUES - GENERAL FUND
Beginning Fund Balance (projected)

$

49,459,971

$

53,201,974

$

40,555,908

REVENUE
Property Taxes
Sales Tax (Local)
Other Local Taxes
Intergovernmental
Licenses and Permits
Charges for Services
Fines and Forfeitures
Use of Money and Property
Other Revenue
Total Revenue

$
$
$
$
$
$
$
$
$
$

9,318,972
36,168,173
4,694,313
15,017,044
5,132,898
95,264
396,337
1,855,964
25,454
72,704,419

$
$
$
$
$
$
$
$
$
$

7,853,143
30,929,672
3,848,466
11,412,850
5,238,000
90,000
461,224
669,000
632,989
61,135,344

$
$
$
$
$
$
$
$
$
$

8,376,691
33,055,387
4,675,756
14,430,133
5,314,697
95,000
415,756
438,750
632,651
67,434,822

Departments
Elected Officials
Administration
Human Resources
Law
Communications
Police
Fire
Finance
Purchasing
Information Technology
Revenue Management
Court
Facilities & Project Management
Building & Neighborhood Services
Planning & Sustainability
Engineering
Traffic Operations Center
Economic Development
Streets - Street Maintenance
Streets - Traffic Operations
Streets - Fleet Maintenance
Parks
General Expense
Appropriations
Transfers to Other Funds
Total Expenditures

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

290,502
1,043,428
1,151,251
758,081
395,004
16,452,226
18,145,667
917,289
224,772
4,254,569
241,134
212,987
1,202,804
2,982,913
1,557,636
1,292,986
965,756
78,327
4,451,933
1,562,431
808,172
4,957,482
447,759
466,424
4,100,884
68,962,416

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

370,122
1,289,610
1,324,149
536,946
407,518
17,645,891
18,804,976
913,515
236,508
3,607,138
109,931
250,725
1,102,979
3,078,179
1,383,366
1,369,091
1,278,435
96,027
4,242,285
1,645,286
890,491
5,861,797
785,455
480,944
6,070,051
73,781,411

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

360,311
1,253,422
1,424,349
653,832
440,238
16,828,331
19,064,957
951,530
283,481
3,654,615
101,923
329,762
1,131,421
3,134,727
1,534,669
1,404,587
3,055,934
90,748
4,167,334
1,586,726
807,818
5,190,692
1,165,412
451,450
1,153,034
70,221,303

ENDING FUND BALANCE (projected)
Budgeted Use of Fund Balance

$
$

53,201,974
-

$
$

40,555,908
12,646,066

$
$

37,769,426
2,786,482

II. EXPENDITURES - GENERAL FUND

FULL-TIME EQUIVALENT EMPLOYEES
SALARIES
OTHER COSTS

$
$

575
33,320,837
35,641,579

$
$

585
34,457,324
39,324,087

$
$

586
35,873,853
34,347,450

Beginning Fund Balance (projected)

$

1,160,474

$

1,957,563

$

1,192,646

REVENUE
Current Year Revenue
Total Revenue

$
$

9,357,230
9,357,230

$
$

9,791,873
9,791,873

$
$

10,142,494
10,142,494

EXPENDITURES
Personnel
Operations
Capital
Total Expenditures

$
$
$
$

3,363,543
4,931,598
265,000
8,560,141

$
$
$
$

3,512,875
5,842,895
1,201,020
10,556,790

$
$
$
$

3,310,731
5,838,723
470,000
9,619,454

Ending Fund Balance (projected)

$

1,957,563

$

1,192,646

$

1,715,687

FULL-TIME EQUIVALENT EMPLOYEES
SALARIES
OTHER COSTS

$
$

45
1,878,782
6,681,359

$
$

45
2,073,440
8,483,350

$
$

45
2,032,657
7,586,797

Beginning Fund Balance (projected)

$

14,410,218

$

15,091,277

$

9,159,953

REVENUE
Current Year Revenue
Total Revenue

$
$

3,123,798
3,123,798

$
$

2,625,000
2,625,000

$
$

1,300,000
1,300,000

EXPENDITURES
Fire, Police, Sanitation & Parks
Total Expenditures

$
$

2,442,739
2,442,739

$
$

8,556,324
8,556,324

$
$

1,544,480
1,544,480

Ending Fund Balance (projected)

$

15,091,277

$

9,159,953

$

8,915,473

Beginning Fund Balance (projected)

$

4,804,517

$

3,958,958

$

3,453,682

REVENUE
Current Year Revenue
Total Revenue

$
$

904,441
904,441

$
$

779,724
779,724

$
$

640,000
640,000

EXPENDITURES
Capital
Total Expenditures

$
$

1,750,000
1,750,000

$
$

1,285,000
1,285,000

$
$

125,000
125,000

Ending Fund Balance (projected)

$

3,958,958

$

3,453,682

$

3,968,682

Beginning Fund Balance (projected)

$

4,171,436

$

3,800,010

$

2,524,218

REVENUE
Stormwater Fees
Other Income

$
$

2,578,324
132,436

$
$

2,610,000
37,500

$
$

2,610,000
37,500

III. SANITATION & ENVIRONMENTAL SERVICES FUND

IV. CITY FACILITIES TAX FUND

V. COUNTY FACILITIES TAX FUND

VI. STORMWATER MANAGEMENT FUND

Total Revenue

$

2,710,760

$

2,647,500

$

2,647,500

EXPENDITURES
Personnel
Operations
Capital
Total Expenditures

$
$
$
$

1,597,874
734,169
750,143
3,082,186

$
$
$
$

1,677,951
895,341
1,350,000
3,923,292

$
$
$
$

1,714,431
984,455
1,200,000
3,898,886

Ending Fund Balance (projected)

$

3,800,010

$

2,524,218

$

1,272,832

FULL-TIME EQUIVALENT EMPLOYEES
SALARIES
OTHER COSTS

$
$

22
1,074,746
2,007,440

$
$

22
1,117,811
2,805,481

$
$

22
1,154,409
2,744,477

Beginning Fund Balance (projected)

$

645,435

$

496,410

$

509,816

REVENUE
Current Year Revenue
Total Revenue

$
$

3,637,421
3,637,421

$
$

3,794,206
3,794,206

$
$

3,529,625
3,529,625

EXPENDITURES
Operations
Total Expenditures

$
$

3,786,446
3,786,446

$
$

3,780,800
3,780,800

$
$

3,619,749
3,619,749

Ending Fund Balance (projected)

$

496,410

$

509,816

$

419,692

Beginning Fund Balance (projected)

$

11,339,848

$

16,589,763

$

19,007,097

REVENUE
Current Year Revenue
Total Revenue

$
$

8,411,765
8,411,765

$
$

10,651,387
10,651,387

$
$

4,550,000
4,550,000

EXPENDITURES
Transfer to Debt Service Fund
Operations
Total Expenditures

$
$
$

2,755,143
406,707
3,161,850

$
$
$

2,710,869
5,523,184
8,234,053

$
$
$

2,710,486
3,000,000
5,710,486

Ending Fund Balance (projected)

$

16,589,763

$

19,007,097

$

17,846,611

Beginning Fund Balance (projected)

$

5,722,086

$

9,075,196

$

8,445,167

REVENUE
Current Year Revenue
Total Revenue

$
$

5,722,086
5,722,086

$
$

2,978,531
2,978,531

$
$

1,985,259
1,985,259

EXPENDITURES
Transfer to Debt Service Fund
Convention & Visitors Bureau
Operations
Capital
Total Expenditures

$
$
$
$
$

1,117,355
979,812
(107,707)
379,516
2,368,976

$
$
$
$
$

1,111,403
1,028,803
1,046,614
421,740
3,608,560

$
$
$
$
$

1,113,803
1,080,243
1,391,850
214,286
3,800,182

Ending Fund Balance (projected)

$

9,075,196

$

8,445,167

$

6,630,244

VII. STATE STREET AID & TRANSPORTATION FUND

VIII. ROAD IMPACT FEE FUND

IX. HOTEL/MOTEL TAX FUND

X. COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUND
Beginning Fund Balance (projected)

$

89,691

$

100,451

$

105,293

REVENUE
Current Year Revenue
Total Revenue

$
$

384,606
384,606

$
$

318,306
318,306

$
$

513,312
513,312

EXPENDITURES
Operations
Total Expenditures

$
$

373,846
373,846

$
$

313,464
313,464

$
$

513,000
513,000

Ending Fund Balance (projected)

$

100,451

$

105,293

$

105,605

Beginning Fund Balance (projected)

$

508,522

$

438,184

$

465,384

REVENUE
Current Year Revenue
Total Revenue

$
$

129,156
129,156

$
$

116,700
116,700

$
$

221,955
221,955

EXPENDITURES
DRUG-ENFORCEMENT RELATED EXPENDITURES
Total Expenditures

$
$

199,494
199,494

$
$

89,500
89,500

$
$

117,500
117,500

Ending Fund Balance (projected)

$

438,184

$

465,384

$

569,839

REVENUE
Beginning Fund Balance (projected)

$

817,649

$

817,649

$

786,983

Operating Revenue
Transfer from General Fund
Total Revenue

$
$
$

1,611,454
795,884
2,407,338

$
$
$

2,051,383
1,003,371
3,054,754

$
$
$

2,174,852
903,034
3,077,886

EXPENDITURES
Operations
Capital
Total Expenditures

$
$
$

2,277,206
130,132
2,407,338

$
$
$

2,503,420
582,000
3,085,420

$
$
$

2,740,679
510,000
3,250,679

Ending Fund Balance (projected)

$

817,649

$

786,983

$

614,190

Beginning Fund Balance (projected)

$

106,587

$

372,887

$

385,588

REVENUE
Property Taxes
Rebate on BAB / RZEDB Bonds
Interest Income
Other Income
Transfer from Water/Sewer Fund
Transfer from Solid Waste Fund
Transfer from Road Impact Fund
Transfer from Hotel/Motel Tax Fund
Total Revenue

$
$
$
$
$
$
$
$
$

8,661,198
818,444
108,247
141,073
200,000
96,390
2,755,143
1,117,355
13,897,850

$
$
$
$
$
$
$
$
$

10,704,090
358,077
100,000
200,000
348,390
2,642,606
1,114,924
15,468,087

$
$
$
$
$
$
$
$
$

10,714,755
358,077
25,000
200,000
346,684
2,641,533
1,117,603
15,403,652

XI. DRUG FUND

XII. TRANSIT FUND

XIII. DEBT SERVICE FUND

EXPENDITURES
Debt Service
Total Expenditures

$
$

13,631,550
13,631,550

$
$

15,455,385
15,455,385

$
$

15,478,652
15,478,652

Ending Fund Balance (projected)

$

372,887

$

385,588

$

310,587

REVENUE
Beginning Fund Balance (projected)

$

6,141,130

$

8,005,877

$

8,505,619

Operating Revenue
Total Revenue

$
$

1,864,747
1,864,747

$
$

1,951,250
1,951,250

$
$

768,750
768,750

EXPENDITURES
Operations
Capital
Total Expenditures

$
$
$

$
$
$

1,451,508
1,451,508

$
$
$

1,361,850
1,361,850

Ending Fund Balance (projected)

$

8,005,877

$

8,505,619

$

7,912,519

REVENUE
Beginning Cash Balance (projected)

$

24,413,715

$

29,008,338

$

30,670,483

Charges for Services
Uses of Money & Property
Transfers
Other Revenue
Total Revenue

$
$
$
$
$

31,601,142
139,377
270,000
32,010,519

$
$
$
$
$

33,185,043
125,132
1,285,000
270,000
34,865,175

$
$
$
$
$

32,136,482
125,132
270,000
32,531,614

EXPENDITURES
Personnel
Operations
Capital
Total Expenditures

$
$
$
$

6,552,709
20,714,106
149,081
27,415,896

$
$
$
$

7,073,374
16,604,036
9,525,620
33,203,030

$
$
$
$

7,013,308
17,147,701
10,896,000
35,057,009

Ending Cash Balance (projected)

$

29,008,338

$

30,670,483

$

28,145,088

FULL-TIME EQUIVALENT EMPLOYEES
SALARIES
OTHER COSTS

$
$

96
4,422,649
22,993,247

$
$

96
4,519,712
28,683,318

$
$

96
4,653,251
30,403,758

XIV. IN LIEU OF PARKLAND FUND

-

XV. WATER and SEWER ENTERPRISE FUND

The General Fund Budget includes appropriations to non-profit charitable and civic organizations
for uses and purposes believed to benefit the general welfare of the residents of the City of Franklin.
To view the proposed budget book of the City of Franklin, Tennessee, indicating intra-departmental expenditures
please contact the Office of the City Administrator, City Hall, 109 Third Avenue South, Franklin, Tennessee between
the hours of 8:00 a.m. and 5:00 p.m., Monday through Friday by phone at 615-791-3217, or the Finance Department
by phone at 615-791-1457 to make arrangements.
The property tax rate established by the 2020-2021 budget for the City of Franklin will be forty-one &
seventy-six/hundredths cents ($.4176) per hundred dollars of assessment. All persons interested in
commenting regarding the budget of the City of Franklin are invited to attend the Public Hearing to be held
Tuesday, June 9, 2020.
Respectfully Submitted,
Eric S. Stuckey
City Administrator

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