Jul 30, 2014
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Preliminary Town Budget for FY14 Projects $3.3 Million Deficit

FY14 Budget Message was recently released.

Preliminary Town Budget for FY14 Projects $3.3 Million Deficit

Town Administrator Martha White completed her FY14 Budget Message just after the new year, and as it stands now there is a projected deficit of $3,349,952.

There are a number of reasons why the budget is at a deficit right now, including revenue projections being $548,000 lower than projected at the Fall Annual Town Meeting.

Expenses are significantly higher in some areas than earlier projected as well.

The budget for Administrative Support Services is higher as two new positions have been created: Information/Communication Specialist and Payroll/Benefits Administrative Coordinator. White believes both of these positions are very important, and points out that their responsibilities cover general government and the school department.

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There are requests for other new personnel in various departments including the schools, where the population has grown. The two libraries, Community Services and public safety also have requests in for increases in their budget.

White does not seem worried about the initial deficit at this time, as she wrote that in her years in Natick they've been able to work together to make the budget work each year.

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