City government · Howard County, MO

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

In the latest recorded fiscal year (ended June 30, 2022), Franklin took in $26 thousand and spent $13 thousand.

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

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Where it comes from

Fees for services (sewer)42%State tax money31%City taxes27%

What stands out

27%

of Franklin's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

City taxes27%

Other taxes
27%$7 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$7 thousand

Amounts are by Census tax category.

Fees for services42%

Fees for services
42%$11 thousand
What's in fees for servicesSewer
  • Sewer$11 thousand

Amounts are by Census type of charge.

State tax money31%

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

From the state
31%$8 thousand

Where it goes

Running the government and other costs46%Roads, transit and parking31%Parks, recreation and libraries15%Police, fire, courts and jails7.7%

What stands out

15%

of Franklin's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Running the government and other costs
46%$6 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$3 thousand
  • Central staff services (personnel, purchasing, technology)$3 thousand
Roads, transit and parking
31%$4 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$4 thousand
Parks, recreation and libraries
15%$2 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2 thousand
Police, fire, courts and jails
7.7%$1 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Franklin. 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 City 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.