Township government · Grundy County, MO
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 $92 thousand and spent $84 thousand.
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Where it comes from
What stands out
of Franklin Township's money comes from federal tax money.Most U.S. townships and towns of under 10,000 people get none.
Township taxes41%
Federal tax money42%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money15%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other1.1%
Where it goes
What stands out
of Franklin Township's spending goes to roads, transit and parking.A typical U.S. township or town of under 10,000 people spends 53%.
Spending by category100%
What's in roads, transit and parkingRoads and highways
- Roads and highways$71 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
- Central staff services (personnel, purchasing, technology)$13 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.