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West Central Reporter

Thursday, April 18, 2024

The price of local government: Village of Franklin

Budget 01

The Village of Franklin budget was $1.07 million for its 2015 fiscal year, or $4,777.18 per household.

That's an increase of 193.2 percent from 2014, when the village spent $364,952.69, or $1,629.25 per household.

Franklin has 224 households and a population of 586.

Since 2001, the Village of Franklin budget has grown by 286.8 percent, from $276,623.55. The village population has fallen 7.6 percent over the same period, from 634.

Salaries accounted for 14.7 percent of village spending in 2015. Franklin property taxpayers paid $157,195.26 for four full-time employees and 10 part-time employees.

In 2001, the village had three full-time employees and 10 part-time employees, and spent $124,280.92.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
586
$1,070,088.12
$157,195.26
14.7
14
$11,228.23
2014
586
$364,952.69
$156,470.39
42.9
14
$11,176.45
2013
586
$403,660.40
$126,178
31.3
13
$9,706
2012
586
$1,079,033.36
$150,013.32
13.9
13
$11,539.48
2011
586
$6,262,250.40
$133,814.16
2.1
13
$10,293.39
2010
634
$1,110,000
$134,908.29
12.2
13
$10,377.56
2009
634
$1,017,000
$86,924.12
8.5
13
$6,686.47
2008
634
$734,500
$119,351.73
16.2
13
$9,180.90
2007
634
$760,500
$120,384.81
15.8
13
$9,260.36
2006
634
$906,546
$118,647.60
13.1
13
$9,126.73
2005
634
$1,084,430.84
$80,024.64
7.4
13
$6,155.74
2004
634
$280,753.02
$126,013.65
44.9
13
$9,693.35
2003
634
$282,758.52
$117,567.12
41.6
13
$9,043.62
2002
634
$280,762.20
$122,017.05
43.5
13
$9,385.92
2001
634
$276,623.55
$124,280.92
44.9
13
$9,560.07

All values in this story are inflation-adjusted real values.

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