Township government · Randolph County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Franklin Township took in $58 thousand and spent $34 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Township taxes72%State tax money28%

What stands out

72%

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

Township taxes72%

Property tax
72%$42 thousand

State tax money28%

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

From the state
28%$16 thousand

Where it goes

Running the government and other costs47%Parks, recreation and libraries21%Sent to other local governments18%Police, fire, courts and jails15%

What stands out

21%

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

Spending by category100%

Running the government and other costs
47%$16 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$16 thousand
Parks, recreation and libraries
21%$7 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$4 thousand
  • Libraries$3 thousand
Sent to other local governments
18%$6 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$6 thousand
Police, fire, courts and jails
15%$5 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$5 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 December 31, 2021. 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.