Tuesday, June 25, 2019

Costs as shown in FY2020 Spending plan:

Page 58A increase in Town Accountant / personnel

After Hubbardston agreement -          $127,470.00
Before Hubbardston agreement -        $  90,000.00

On face value, it appears increase of   $ 37,470.00

Increase
Town Accountant salary -                     $  7,500.00

Increase
 switch from part time to full-time -      $49,780.00

Now benefits - approximately -             $25,000.00

Net Increase -                                         $61,934.00

part-time was $20,346.00 / no benefits

So, first year of accounting agreement with Hubbardston equates to a payment from Hubbardston to Templeton for $37,000.00 and Templeton taxpayers are on hook for additional $61,934.00 to cover this agreement. In the end, it seems this agreement benefits Hubbardston far more than Templeton, again!

Increase to Templeton . . . . . . . . . $61,934.00
Decrease to Templeton . . . . . . . .  $37,000.00
Net increase to Templeton . . . . . . $24,934.00

Looking at the straight math, how does this benefit Templeton now and in the long run?

Was this part of a five year plan that was done in three years? Perhaps should have taken more time looking at plan?