Franklin Town Government

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Franklin Town Government

  1. 1. Franklin, MA All you need to know and much more!
  2. 2. How Does Franklin Make $$$? INCOME Property Taxes Excise Taxes Fees, Fines, Etc. State Funds
  3. 3. Property Taxes Property owners pay a % of the value (assessment) of their property FRANKLIN 2009 Tax Rate - $11.17 per $1,000 Ave single family home assessed @ $384,800 Ave Tax Bill - $4,298
  4. 4. Can Franklin Raise Taxes?  Yes, but … Proposition 2 ½ A town cannot raise property taxes by over 2 ½% without the resident’s permission. Override A vote by residents to raise their own property taxes Debt Exclusion A vote by residents to temporarily raise their taxes The Debate
  5. 5. Excise Taxes  A tax based on the value of your vehicle paid annually to the town. Mr. Leighton’s Sweet Ride
  6. 6. Fees, Licenses, Etc Caught in Beaver Pond!
  7. 7. State Funds  The state allocates funds for the towns of Massachusetts including Chapter 70 money which is intended for public schools.  State money accounts for ½ of the school budget and 1/3 of the town budget.
  8. 8. Where does the money go? Expenditures Administrative $8.8M Public Safety $8.9M Schools $51.4M Public Works $3.7M Human Services $.4M Rec. & Culture $1.2M Debt $5.8M Benefits/ Insurance $7.2M
  9. 9. Administrative  General Government Comptroller, Assessors, Collectors, Legal, Human Resources, Town Clerk, etc $8.8M
  10. 10. Public Safety $8.9 Fire Department Police Station Animal Safety
  11. 11. Public Schools Schools Includes: All Franklin Public Schools Ben Franklin Classical Charter Tri County Budget Cuts last year $51 M
  12. 12. Public Works  Street Lights, Snow Removal, upkeep of all public property, Road Repair $3.7M
  13. 13. Human Services  $.4M Council on Aging
  14. 14. Recreation & Culture    Library Historical Commission Memorial Day $1.2M
  15. 15. Debt      We are paying for the following capital expenses: New schools Senior Center Town Hall Fire Department $5.8M
  16. 16. Benefits & Insurance  Funds for Insurance and other benefits for town employees and retirees $7.2M

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