How Franklin is run

Who runs Franklin, what it costs, and where your money goes

The city manager, council pay, the budget, your property tax bill and who provides each service, from Franklin's own public documents. Every number links to its source and says which year it describes. Checked Oct 10, 2026.

Who runs Franklin

A city manager hired by the council runs the city day to day. The council sets policy, adopts the budget and sets the tax rate.

City of Franklin

What they are paid

Interim City Manager Carol Riggenbach: base payNot confirmed2026. Interim city manager who is also the finance director; no posted document states pay for the interim role. City of Franklin
A council memberNot confirmedFY2025-26. City of Franklin
The mayorNot confirmedFY2025-26. City of Franklin
Council benefits
  • A health flex allowance of $400 a month ($4,800 a year) for commission members.

Franklin city staff

The budget shows payroll by department but no total position count or individual pay. We name pay only for elected officials and the city manager.

Is Franklin in the red?

Cities must pass a balanced budget, so "profit" and "deficit" mean something different here. The useful questions: does the city's everyday money (the general fund) cover its everyday costs, how much does it keep in savings compared with its own target, and how big are its pension and debt bills.

General fund, FY2025-26$13.3MOut of $25.9M across all city funds, which includes utilities and other money that can only be spent on one thing. City of Franklin
Savings shrank, FY2022-23 (audited)−$323,650General fund revenue $10.7M, spending $8.3M. City of Franklin · Aug 26, 2024

Savings

Unassigned general fund balance: $13.3M (FY2022-23). City of Franklin · Aug 26, 2024

Pension promises not yet funded$10M(2025-06-30). Kentucky Public Pensions Authority
Debt owed$7.3MGovernmental $4.1 million (police station GO lease); utilities $3.2 million (revenue bonds) FY2022-23. City of Franklin · Aug 26, 2024
Credit ratingAa3 (Moody's)FY2022. City of Franklin · Aug 26, 2024

Why we skip the "budgeted deficit": many cities plan to dip into savings, then spend less than planned. The audited result tells you what really happened.

Where the money comes from and goes

The general fund only: the city's everyday money for FY2025-26.

Comes from

  • Occupational tax$3.9M · 29%
  • Insurance premium tax$3.4M · 26%
  • Property taxes$1.8M · 13%
  • Grants and other governments$1.4M · 11%
  • Alcohol (ABC) fees$838,000 · 6%
  • Charges to other city funds$782,728 · 6%
  • Other income (leases, interest, community support)$654,201 · 5%
  • Other (business licenses, fines, franchise and manufacturing fees)$557,800 · 4%

City of Franklin

Goes to (FY2025-26)

  • Police$4M · 30%
  • General government$2.5M · 19%
  • Capital outlay$2.1M · 16%
  • Community services (parks, civic groups)$1.1M · 8%
  • Transfers to other funds$1.1M · 8%
  • Public services (public works)$1M · 8%
  • Fire (Franklin-Simpson Fire & Rescue)$833,000 · 6%
  • Economic development$541,004 · 4%
  • Other (capital improvement reserve)$30,000 · 0%

City of Franklin

Who provides your services

Not everything in Franklin is run by the city. Who provides a service decides whose budget pays for it and whose election decides it.

Compared with similar cities

The cities in this state closest in population that we cover. Read it for scale, not as a ranking: cities provide different services.

ParisKYVersaillesKYFranklinKYAlexandriaKY
Residents10,13010,73410,75910,994
Top administrator's base payNot confirmedNot confirmedNot confirmedNot confirmed
Council member payNot confirmed$13,762Not confirmedNot confirmed
General fund per resident$1,588$1,692$1,233$1,870
Debt per resident$1,087$4,853$675$1,528
Unfunded pension per resident$1,897$1,527$932$423
City staff per 1,000 residents————

Figures as shown in each city's section, divided by its population. Years differ by state, and pension figures are measured differently in each state (each city page says how). Franklin and Alexandria pays another agency for police or fire, so its own staff count is lower.

What Franklin publishes

What a resident can find online today. A "no" is something you can ask the council to publish.

  • No: Audited financial report filed on timeThe newest audit posted is for FY2022-23, dated August 26, 2024. No FY2023-24 or FY2024-25 audit is posted. City of Franklin
  • No: City manager's contract findable onlineThe manager's post is held on an interim basis; no manager contract is posted. City of Franklin
  • Yes: Council votes recorded member by member onlinePosted minutes list each roll call vote by member. City of Franklin
  • No: Council pay stated in a public documentThe posted budget does not list mayor or commissioner salaries. City of Franklin

Questions to ask your council

  1. The newest posted audit covers FY2022-23. When will the FY2023-24 and FY2024-25 audits be posted?
  2. The city's share of CERS pension liabilities was about $10.0 million at June 30, 2025. How will rising or falling CERS rates affect future budgets?
  3. The FY2026-27 budget was adopted June 22, 2026 on a 4-1 vote but is not posted online. When will it be posted?

See who is running for council

Help decide what comes next

What do you want to know about Franklin next?

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Every number here was checked by hand against the linked document. Cities publish on different schedules, so years differ between sections; each figure says which year it describes. Spotted something wrong or out of date?

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Something wrong or missing? Tell us what and where, with a link to a source if you have one. Reports feed the next verification run.