![]() The shortfall is larger in Franklin Township because of the demographics being extensively residential, while the tax burden with the aforementioned property tax caps has shifted more to farms and businesses which now have a capped rate of 2% and 3% respectively. After two referendums failed to close the $13 million gap in school funding, the school board proposed cuts to close the gap, including cutting teachers and halting most student busing. Also, as the Indiana Property Tax caps have been phased in from 2008 to 2011, revenue for the schools in the township has dropped more than 19.8%. In recent years, Franklin Township has seen a population explosion leading to a heavy reliance on residential property taxes in particular for funding of the Franklin Township Community Schools. The area high school is Franklin Central High School. Education įranklin Township Community School Corporation is the public school district that serves all of Franklin Township. The township has a median income of $70,000. ![]() The twofold increase in population ranks Franklin Township as the fastest growing of Marion County's nine townships during that timeframe. The population of the township as of the 2020 census was 65,788 up from 32,080 in 2000. This is primarily because of a history of family farms in the area, but is also due to various civic efforts to maintain a rural atmosphere in the area over time. Franklin Township is one of the last areas in Marion County to see heavy suburban land development from the outward expansion of Indianapolis. It contains the communities of Acton, Wanamaker, and the eastern portion of the excluded city of Beech Grove.įranklin Township was organized in the 1820s. Located in the southeast corner of the county, it has been subsumed into the city of Indianapolis along with most of the rest of the county. Franklin Township is one of the nine townships of Marion County, Indiana, United States.
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