Town government · Franklin County, NY

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

In the latest recorded fiscal year (ended December 31, 2021), Franklin took in $2.4 million and spent $2.4 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Town taxes58%Fines and other18%State tax money16%County and local tax money7.1%Fees for services0.1%

What stands out

18%

of Franklin's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Town taxes58%

Property tax
55%$1.3 million
Other taxes
2.8%$68 thousand
What's in other taxesOther licenses
  • Other licenses$68 thousand

Amounts are by Census tax category.

Fees for services0.1%

Fees for services
0.1%$3 thousand
What's in fees for servicesOther service charges and other government-run businesses
  • Other service charges$2 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

State tax money16%

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

From the state
16%$390 thousand

County and local tax money7.1%

Money passed on by the county or other local governments.

From the county and other local governments
7.1%$171 thousand

Fines and other18%

Interest, rents and other
18%$433 thousand
Fines
0.4%$9 thousand

Where it goes

Running the government and other costs51%Roads, transit and parking43%Police, fire, courts and jails4.2%Parks, recreation and libraries1.4%Health and hospitals0.2%Water, sewer, trash and utilities0.2%

What stands out

51%

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

Spending by category100%

Running the government and other costs
51%$1.2 million
What's in running the government and other costsGovernment buildings; other and not broken out and 3 more
  • Government buildings$720 thousand
  • Other and not broken out$398 thousand
  • Finance, tax collection and budgeting$78 thousand
  • Central staff services (personnel, purchasing, technology)$42 thousand
  • Other government-run businesses$8 thousand
Roads, transit and parking
43%$1.0 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$1.0 million
  • Airports$2 thousand
Police, fire, courts and jails
4.2%$102 thousand
What's in police, fire, courts and jailsFire protection; courts and legal services and 1 more
  • Fire protection$79 thousand
  • Courts and legal services$20 thousand
  • Police$3 thousand
Parks, recreation and libraries
1.4%$34 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$34 thousand
Health and hospitals
0.2%$6 thousand
What's in health and hospitalsPublic health
  • Public health$6 thousand
Water, sewer, trash and utilities
0.2%$5 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Franklin. 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 Town 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.