City government · Merrimack County, NH
Franklin's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Franklin took in $38.2 million and spent $36.2 million.
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Where it comes from
What stands out
of Franklin's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
City taxes46%
What's in other taxesOccupation and business licenses; public utility taxes and 1 more
- Occupation and business licenses$94 thousand
- Public utility taxes$92 thousand
- Other licenses$20 thousand
Amounts are by Census tax category.
Fees for services12%
What's in fees for servicesWater; sewer and 5 more
- Water$1.7 million
- Sewer$1.3 million
- Other service charges$817 thousand
- Parks and recreation$374 thousand
- Garbage collection$342 thousand
- School lunches$11 thousand
- Other school charges$3 thousand
Amounts are by Census type of charge.
Federal tax money1.6%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money37%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money<0.1%
Money passed on by the county or other local governments.
Fines and other3.6%
Where it goes
What stands out
of Franklin's spending goes to schools and colleges.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$18.4 million
What's in police, fire, courts and jailsPolice and fire protection
- Police$3.6 million
- Fire protection$2.8 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
- Water supply$2.0 million
- Garbage and solid waste$1.1 million
- Sewer systems$568 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$2.3 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
- Central staff services (personnel, purchasing, technology)$903 thousand
- Finance, tax collection and budgeting$493 thousand
- Government buildings$305 thousand
What's in parks, recreation and librariesParks and recreation and libraries
- Parks and recreation$771 thousand
- Libraries$250 thousand
What's in sent to other local governmentsSent to the state government and sent to local governments: other and not broken out
- Sent to the state government$942 thousand
- Sent to local governments: other and not broken out$60 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
- Interest on water supply debt$181 thousand
- Interest on general debt$128 thousand
What's in health and hospitalsPublic health
- Public health$260 thousand
What's in social servicesOther public welfare
- Other public welfare$60 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.