Government budget and revenue in Franklin, Tennessee: official figures
Franklin's city government took in $225.36 million in total revenue in the fiscal year ended 30 June 2024, or $2,593 for each of its 86,895 residents (2024 figure in the finance file); per resident that is the 242nd lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.
How much does Franklin spend and on what?
It spent $221.22 million in the same year, $2,546 per resident, the 262nd lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were roads and highways (20.2%), fire protection (12.9%) and police (11.5%) of the total.
Source: U.S. Census Bureau · saved copyHow much tax does Franklin collect per resident?
Taxes raised $57.66 million ($664 per resident, the 60th lowest of 582) in the fiscal year ended 30 June 2024, 32.4% of general revenue, compared with 49.3% for all US city governments combined in 2022.
Source: U.S. Census Bureau · saved copyWhat taxes does Franklin rely on?
Of Franklin's tax revenue in the fiscal year ended 30 June 2024, property tax made up 42.0%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 25.7%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Franklin's property tax share is the 201st lowest of 580 US cities of 50,000 or more with reported figures in the 2024 Census survey.
Source: U.S. Census Bureau · saved copyHow much federal and state money does Franklin get?
Payments from other governments made up 53.4% of Franklin's city government's general revenue in the fiscal year ended 30 June 2024: 6.2% from the federal government ($127 per resident), 12.1% from the state and 35.0% from other local governments. For all US city governments in 2022 the aid share was 24.3%.
Source: U.S. Census Bureau · saved copyHow much does Franklin raise from fees and utilities?
Fees and charges for services such as sewerage, trash, parks and airports brought in $14.01 million, 7.9% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $47.17 million.
Source: U.S. Census Bureau · saved copyHow much does Franklin spend on police?
Franklin's city government spent $25.42 million on police in the fiscal year ended 30 June 2024, $293 per resident (the 168th lowest of 582) and 11.5% of its total spending; police took 10.3% of spending across all US city governments in 2022.
Source: U.S. Census Bureau · saved copyHow much does Franklin spend on fire protection?
Fire protection cost $28.47 million, $328 per resident, in the fiscal year ended 30 June 2024.
Source: U.S. Census Bureau · saved copyHow much debt does Franklin have?
At the end of the fiscal year ended 30 June 2024, Franklin's city government owed $136.35 million in long-term debt, $1,569 per resident (the 201st lowest of 582). During the year it issued $2.46 million of new long-term debt and repaid $7.39 million.
Source: U.S. Census Bureau · saved copyHow much does Franklin pay in interest on its debt?
Interest on debt cost $4.74 million in the fiscal year ended 30 June 2024, 2.1% of total spending.
Source: U.S. Census Bureau · saved copyHow has the Franklin city budget changed?
Between the Census survey years 2022 and 2024 (not adjusted for inflation), total revenue per resident rose 10.7% from $2,344 to $2,593, spending per resident rose 38.3% to $2,546, taxes per resident rose 51.9% to $664.
Source: U.S. Census Bureau · saved copyHow Franklin compares with other cities in the United States
City government total revenue per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Franklin ranks 370 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total revenue per resident, 2022 |
|---|---|---|
| 367 | Kalamazoo | $2,349 |
| 368 | Fayetteville | $2,348 |
| 369 | Tustin | $2,345 |
| 370 | Franklin | $2,344 |
| 371 | Vallejo | $2,339 |
| 372 | Homestead | $2,335 |
| 373 | Gilroy | $2,330 |
City government total spending per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Franklin ranks 480 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total spending per resident, 2022 |
|---|---|---|
| 477 | Plymouth | $1,851 |
| 478 | Iowa City | $1,848 |
| 479 | Pasco | $1,843 |
| 480 | Franklin | $1,841 |
| 481 | Corvallis | $1,841 |
| 482 | Pomona | $1,840 |
| 483 | Lincoln | $1,839 |
City taxes collected per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Franklin ranks 709 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City taxes collected per resident, 2022 |
|---|---|---|
| 706 | Wyoming | $444 |
| 707 | Syracuse | $442 |
| 708 | Las Vegas | $440 |
| 709 | Franklin | $437 |
| 710 | Flint | $436 |
| 711 | Deltona | $432 |
| 712 | Highland | $430 |
City spending on police per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Franklin ranks 594 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City spending on police per resident, 2022 |
|---|---|---|
| 591 | Jacksonville | $228 |
| 592 | Mission Viejo | $227 |
| 593 | Smyrna | $227 |
| 594 | Franklin | $227 |
| 595 | Danbury | $227 |
| 596 | Placentia | $227 |
| 597 | Trenton | $226 |
City long-term debt outstanding per resident, end of fiscal 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Franklin ranks 189 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2022 |
|---|---|---|
| 186 | Fayetteville | $3,356 |
| 187 | Des Plaines | $3,340 |
| 188 | Winston-Salem | $3,324 |
| 189 | Franklin | $3,323 |
| 190 | Hampton | $3,321 |
| 191 | Athens | $3,319 |
| 192 | St. Petersburg | $3,310 |
Property tax as a share of city tax revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Franklin ranks 303 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Property tax as a share of city tax revenue, 2022 |
|---|---|---|
| 300 | Hillsboro | 57.2% |
| 301 | Waco | 56.9% |
| 302 | Flower Mound | 56.8% |
| 303 | Franklin | 56.6% |
| 304 | Wellington | 56.4% |
| 305 | Aurora | 56.3% |
| 306 | Yucaipa | 56.3% |
Federal, state and local aid as a share of city general revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Franklin ranks 41 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2022 |
|---|---|---|
| 38 | Newark | 46.1% |
| 39 | Haverhill | 46.0% |
| 40 | Everett | 45.9% |
| 41 | Franklin | 45.6% |
| 42 | Waterbury | 45.4% |
| 43 | Macon-Bibb County | 45.4% |
| 44 | Bridgeport | 45.3% |
City government total revenue per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Franklin ranks 341 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total revenue per resident, 2024 |
|---|---|---|
| 338 | Newark | $2,610 |
| 339 | Jeffersonville | $2,608 |
| 340 | Milwaukee | $2,595 |
| 341 | Franklin | $2,593 |
| 342 | Burleson | $2,589 |
| 343 | Temecula | $2,587 |
| 344 | Amarillo | $2,586 |
City government total spending per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Franklin ranks 321 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total spending per resident, 2024 |
|---|---|---|
| 318 | Novi | $2,553 |
| 319 | Winter Haven | $2,553 |
| 320 | Mesa | $2,550 |
| 321 | Franklin | $2,546 |
| 322 | Peoria | $2,541 |
| 323 | Akron | $2,537 |
| 324 | Columbus | $2,532 |
City taxes collected per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Franklin ranks 523 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City taxes collected per resident, 2024 |
|---|---|---|
| 520 | Evansville | $671 |
| 521 | Wichita Falls | $671 |
| 522 | Hanford | $667 |
| 523 | Franklin | $664 |
| 524 | Maple Grove | $656 |
| 525 | Carmel | $655 |
| 526 | Killeen | $653 |
City spending on police per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Franklin ranks 415 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City spending on police per resident, 2024 |
|---|---|---|
| 412 | Lee's Summit | $294 |
| 413 | Olympia | $293 |
| 414 | Lynwood | $293 |
| 415 | Franklin | $293 |
| 416 | Santee | $292 |
| 417 | Terre Haute | $292 |
| 418 | Appleton | $292 |
City long-term debt outstanding per resident, end of fiscal 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Franklin ranks 382 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2024 |
|---|---|---|
| 379 | St. Charles | $1,585 |
| 380 | Peoria | $1,579 |
| 381 | West Allis | $1,572 |
| 382 | Franklin | $1,569 |
| 383 | Springfield | $1,566 |
| 384 | Melbourne | $1,549 |
| 385 | Shoreline | $1,546 |
Property tax as a share of city tax revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Franklin ranks 380 of 580, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Property tax as a share of city tax revenue, 2024 |
|---|---|---|
| 377 | San Diego | 42.7% |
| 378 | Lubbock | 42.5% |
| 379 | Kenner | 42.4% |
| 380 | Franklin | 42.0% |
| 381 | Lake Forest | 41.8% |
| 382 | Camarillo | 41.8% |
| 383 | Champaign | 41.8% |
Federal, state and local aid as a share of city general revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Franklin ranks 22 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2024 |
|---|---|---|
| 19 | Bartlett | 56.2% |
| 20 | West Haven | 55.5% |
| 21 | Pawtucket | 55.5% |
| 22 | Franklin | 53.4% |
| 23 | Cheyenne | 52.8% |
| 24 | Kingsport | 52.7% |
| 25 | Everett | 52.1% |
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Sources
- U.S. Census Bureau: 2024 Annual Survey of State and Local Government Finances, individual unit files (item amounts for every sampled government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 0967c4d30466…)
- U.S. Census Bureau: 2022 Census of Governments: State and Local Government Finances, individual unit files (item amounts for every government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 c8de889f6b33…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.