Township government · Gloucester County, NJ

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

In the latest recorded fiscal year (ended December 31, 2023), Franklin Township took in $48.2 million and spent $60.4 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Township taxes99%State tax money0.9%Fines and other0.2%

What stands out

99%

of Franklin Township's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.

Township taxes99%

Property tax
99%$47.7 million
Other taxes
<0.1%$26 thousand
What's in other taxesAlcoholic beverage licenses
  • Alcoholic beverage licenses$26 thousand

Amounts are by Census tax category.

State tax money0.9%

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

From the state
0.9%$455 thousand

Fines and other0.2%

Interest, rents and other
0.2%$81 thousand

Where it goes

Running the government and other costs90%Police, fire, courts and jails6.3%Water, sewer, trash and utilities2.0%Parks, recreation and libraries1.0%Roads, transit and parking0.4%Interest on debt0.2%

What stands out

90%

of Franklin Township's spending goes to running the government and other costs.A typical U.S. township or town of 10,000 to 50,000 people spends 23%.

Spending by category100%

Running the government and other costs
90%$54.3 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$53.8 million
  • Finance, tax collection and budgeting$235 thousand
  • Central staff services (personnel, purchasing, technology)$214 thousand
  • Government buildings$121 thousand
Police, fire, courts and jails
6.3%$3.8 million
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$3.5 million
  • Courts and legal services$369 thousand
Water, sewer, trash and utilities
2.0%$1.2 million
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$1.2 million
Parks, recreation and libraries
1.0%$605 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$605 thousand
Roads, transit and parking
0.4%$271 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$271 thousand
Interest on debt
0.2%$115 thousand
Sources and moreWhere these numbers come from and what they cover

Franklin Township. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

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.