Township government · Grant County, IN

Franklin Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Franklin Township took in $150 thousand and spent $175 thousand.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Township taxes94%State tax money5.3%Fines and other0.7%

What stands out

94%

of Franklin Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Township taxes94%

Property tax
94%$141 thousand

State tax money5.3%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
5.3%$8 thousand

Fines and other0.7%

Interest, rents and other
0.7%$1 thousand

Where it goes

Running the government and other costs59%Sent to other local governments29%Police, fire, courts and jails11%

What stands out

29%

of Franklin Township's spending goes to local governments.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
59%$104 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$104 thousand
Sent to other local governments
29%$51 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$51 thousand
Police, fire, courts and jails
11%$20 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$20 thousand
Sources and moreWhere these numbers come from and what they cover

Franklin Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Franklin Township itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.