County government · Franklin County, VA

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

In the latest recorded fiscal year (ended June 30, 2024), Franklin County took in $183 million and spent $216 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

County taxes47%State tax money40%Fees for services (garbage collection, school lunches)7.6%Fines and other4.0%Federal tax money1.3%Local tax money0.1%

What stands out

40%

of Franklin County's money comes from state tax money.A typical U.S. county of 50,000 to 250,000 people gets 22%.

County taxes47%

Property tax
38%$70.3 million
Sales tax
4.6%$8.5 million
Other taxes
3.7%$6.7 million
What's in other taxesMotor vehicle licenses; other selective sales taxes and 4 more
  • Motor vehicle licenses$2.1 million
  • Other selective sales taxes$2.0 million
  • Public utility taxes$1.2 million
  • Real estate and stock transfer taxes$733 thousand
  • Other licenses$631 thousand
  • Occupation and business licenses$5 thousand

Amounts are by Census tax category.

Fees for services7.6%

Fees for services
7.6%$13.9 million
What's in fees for servicesOther service charges; garbage collection and 3 more
  • Other service charges$10.7 million
  • Garbage collection$2.1 million
  • School lunches$823 thousand
  • Parks and recreation$276 thousand
  • Water$15 thousand

Amounts are by Census type of charge.

Federal tax money1.3%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
1.3%$2.4 million

State tax money40%

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

From the state
40%$74.0 million

Local tax money0.1%

Money passed on by the county or other local governments.

From other local governments
0.1%$242 thousand

Fines and other4.0%

Interest, rents and other
4.0%$7.3 million
Fines
<0.1%$123 thousand

Where it goes

Schools and colleges54%Police, fire, courts and jails14%Running the government and other costs13%Social services8.1%Health and hospitals4.3%All other spending6.3%

What stands out

54%

of Franklin County's spending goes to schools and colleges.Most U.S. counties of 50,000 to 250,000 people spend nothing on this.

Spending by category100%

Schools and colleges
54%$116 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$116 million
Police, fire, courts and jails
14%$30.8 million
What's in police, fire, courts and jailsPrisons and jails; police and 3 more
  • Prisons and jails$10.0 million
  • Police$9.1 million
  • Fire protection$8.3 million
  • Courts and legal services$2.9 million
  • Inspections and regulation$566 thousand
Running the government and other costs
13%$28.9 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$24.8 million
  • Government buildings$2.0 million
  • Finance, tax collection and budgeting$1.5 million
  • Central staff services (personnel, purchasing, technology)$624 thousand
Social services
8.1%$17.5 million
What's in social servicesOther public welfare
  • Other public welfare$17.5 million
Health and hospitals
4.3%$9.3 million
What's in health and hospitalsPublic health
  • Public health$9.3 million
Water, sewer, trash and utilities
2.6%$5.7 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and water supply
  • Garbage and solid waste$5.7 million
  • Water supply$5 thousand
Parks, recreation and libraries
1.4%$3.1 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$2.0 million
  • Libraries$1.1 million
Housing and community development
1.2%$2.5 million
Interest on debt
0.8%$1.8 million
Sent to other local governments
0.2%$418 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$418 thousand
Environment and natural resources
<0.1%$131 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$131 thousand
Roads, transit and parking
<0.1%$45 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$45 thousand
Sources and moreWhere these numbers come from and what they cover

Franklin County. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Franklin County 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.