Township government · Houghton County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Franklin Township took in $694 thousand and spent $379 thousand.

Latest recorded year: ended March 31, 2022Comes fromGoes to

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Where it comes from

Fees for services (sewer, water)38%Township taxes38%State tax money22%Fines and other1.4%

What stands out

38%

of Franklin Township'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.

Township taxes38%

Property tax
38%$263 thousand

Fees for services38%

Fees for services
38%$265 thousand
What's in fees for servicesSewer; other service charges and 1 more
  • Sewer$134 thousand
  • Other service charges$66 thousand
  • Water$65 thousand

Amounts are by Census type of charge.

State tax money22%

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

From the state
22%$156 thousand

Fines and other1.4%

Interest, rents and other
1.4%$10 thousand

Where it goes

Running the government and other costs39%Interest on debt25%Water, sewer, trash and utilities23%Police, fire, courts and jails12%Parks, recreation and libraries0.8%

What stands out

25%

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

Spending by category100%

Running the government and other costs
39%$148 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$90 thousand
  • Finance, tax collection and budgeting$31 thousand
  • Central staff services (personnel, purchasing, technology)$27 thousand
Interest on debt
25%$95 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$86 thousand
  • Interest on water supply debt$9 thousand
Water, sewer, trash and utilities
23%$89 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$89 thousand
Police, fire, courts and jails
12%$44 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$44 thousand
Parks, recreation and libraries
0.8%$3 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$3 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 March 31, 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.