Trends in Templeton, MA;
From 2000 until 2014, population grew from 6,799 to about 8,134.
State aid in 2000 was $1,318,085.00 and in 2014 was $1,456,947.00
New growth has gone from$156,443.00 in 2003 to $94,321.00 in 2016.
General stabilization fund has gone from $36,292.00 in 2003 to $674,538.00 in 2009, to now at $142,326.99.
Town debt in 2008 was $1,446,973.00 and in 2014 was $1,629,859.00.
General unallocated fund, commonly known as free cash was $582,421.00 in 2005 and in 2014 was a negative (deficit) of -$26,899.00.
Since 2005, over 4 million dollars in unspent Templeton money and only $142,000.00 in savings and no real capital fund savings. In fact, major infrastructure investments were not even covered by capital planning committee. These are things the selectmen should be talking about but seem to be ignoring.
posted by Jeff Bennett
Capital Planning is such an important committee. If we had people who belong, and would attend meetings, maybe we would not be in such a big mess right now. With planning we would not have three big very expensive projects going on, all at the same time. Without planning it is a big free for all, and the taxpayer is going to suffer. In my opinion, if the school is built, we will not have enough kids to even fill it. I do believe out tax rate will be high enough so that a great number of people living in this town today won't be able to make ends meet.
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