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?