Franklin Township

Franklin Township

Franklin Township is one of the nine townships of Marion County, Indiana, United States. 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. It contains the communities of Acton, Wanamaker, and the eastern portion of the excluded city ofBeech Grove.

Franklin Township was organized in the 1820s.[3] Franklin Township is one of the last areas in Marion County to see heavy suburban land development from the outward expansion of Indianapolis. 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.

The population of the township as of the 2010 census was 54,594,[4] up from 32,080 in 2000.[5]

The township has a median income of $70,000.[6]

Franklin Township Community School Corporation is the public school district that serves all of Franklin Township. The area high school is Franklin Central High School.

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. 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%.[7]After two referenda 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.[8] 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.

In 2012, the Franklin Township School Corporation was able to again offer student bussing without additional fees by restructuring its debt.

Area Listings

Information Deemed Reliable But Not Guaranteed. Ā©2018 Metropolitan Indianapolis Board of REALTORSĀ®.

Updated: 23rd January, 2019 3:39 AM.

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