From Templeton Town Administrator.

Templeton, MA. - $1.00 per thousand = $710,733.00 /Tax Rate of $16.82

Override at .20 cents raises $145,700.00 while .25 cents raises $181,236.00

Below table shows costs of police officer while assuming the hire is at step 1, with a bachelor’s degree and progresses 1 step each year. Future collective bargaining agreements grow at 2% each year and beni’s (health insurance) is at family plan and cost increase of 6% per year. Pension is at FY2021 with rate growing 1-2 points per year. (That is a lot of assuming)

	Year 1	Year 2	Year 3	Year 4	Year 5
Salary	$47,674.00	$ 52,146.00	$  54,780.00	$  57,563.00	$  60,480.00
Education	$  4,767.00	$    5,215.00	$    5,478.00	$    5,756.00	$    6,048.00
Shift Stipend	$  2,080.00	$    2,080.00	$    2,080.00	$    2,080.00	$    2,080.00
OT/HOL/Etc,	$11,918.00	$    7,822.00	$    8,217.00	$    8,634.00	$    9,072.00
Uniform	$  1,250.00	$    1,250.00	$    1,250.00	$    1.250.00	$    1,250.00
Beni’s	$20,250.00	$  21,465.00	$  22,753.00	$  24,118.00	$  25,565.00
M’care/UC	$  1,263.00	$    1,275.00	$    1,323.00	$    1,373.00	$    1,426.00
WRRS	$          0.00	$  15,122.00	$  16,434.00	$  17,845.00	$  19,354.00
Total	$89,203.00	$106,375.00	$112,314.00	$118,620.00	$125,276.00

Override dollars would go as follows for first year:

                                     .20 cents                                        .25 cents

Police officer -           $90,000.00                                 $100,000.00

Insurance & Beni’s -  $50,000.00                                 $  50,000.00

Highway -                           $0.00                                 $  15,000.00           

Snow & Ice -                  5,700.00                                 $  16,236.00

Total -                       $145,700.00                                 $181,236.00