Town government · Hancock County, ME

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

In the latest recorded fiscal year (ended February 28, 2022), Franklin took in $1.2 million and spent $794 thousand.

Latest recorded year: ended February 28, 2022Comes fromGoes to

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Where it comes from

Town taxes51%State tax money28%Fees for services (water, road charges)11%Federal tax money6.5%Fines and other3.1%

What stands out

11%

of Franklin's money comes from fees for services such as water, sewer and parking.Most U.S. townships and towns of under 10,000 people get none.

Town taxes51%

Property tax
45%$532 thousand
Other taxes
6.0%$71 thousand
What's in other taxesOther licenses
  • Other licenses$71 thousand

Amounts are by Census tax category.

Fees for services11%

Fees for services
11%$131 thousand
What's in fees for servicesWater; other service charges and 1 more
  • Water$101 thousand
  • Other service charges$26 thousand
  • Road charges$4 thousand

Amounts are by Census type of charge.

Federal tax money6.5%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
6.5%$76 thousand

State tax money28%

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

From the state
28%$328 thousand

Fines and other3.1%

Interest, rents and other
3.1%$36 thousand

Where it goes

Running the government and other costs36%Roads, transit and parking32%Police, fire, courts and jails15%Water, sewer, trash and utilities8.7%Parks, recreation and libraries4.8%All other spending3.9%

What stands out

8.7%

of Franklin's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
36%$283 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$212 thousand
  • Other and not broken out$46 thousand
  • Government buildings$18 thousand
  • Other government-run businesses$7 thousand
Roads, transit and parking
32%$255 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$255 thousand
Police, fire, courts and jails
15%$118 thousand
What's in police, fire, courts and jailsFire protection; inspections and regulation and 1 more
  • Fire protection$115 thousand
  • Inspections and regulation$2 thousand
  • Courts and legal services$1 thousand
Water, sewer, trash and utilities
8.7%$69 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$69 thousand
Parks, recreation and libraries
4.8%$38 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$38 thousand
Interest on debt
2.0%$16 thousand
Health and hospitals
1.9%$15 thousand
What's in health and hospitalsPublic health
  • Public health$15 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Franklin. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended February 28, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Franklin 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.