Township government · Fulton County, IL

Banner Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended March 31, 2022), Banner Township took in $694 thousand and spent $254 thousand.

Latest recorded year: ended March 31, 2022Comes fromGoes to

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Where it comes from

State tax money95%Township taxes3.6%Fines and other1.3%Fees for services0.6%

What stands out

95%

of Banner Township's money comes from state tax money.A typical U.S. township or town of under 10,000 people gets 19%.

Township taxes3.6%

Property tax
3.6%$25 thousand

Fees for services0.6%

Fees for services
0.6%$4 thousand
What's in fees for servicesOther service charges
  • Other service charges$4 thousand

Amounts are by Census type of charge.

State tax money95%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
95%$656 thousand

Fines and other1.3%

Interest, rents and other
1.3%$9 thousand

Where it goes

Roads, transit and parking56%Running the government and other costs44%Health and hospitals0.4%

What stands out

44%

of Banner Township's spending goes to running the government and other costs.A typical U.S. township or town of under 10,000 people spends 23%.

Spending by category100%

Roads, transit and parking
56%$141 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$141 thousand
Running the government and other costs
44%$112 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$54 thousand
  • Other and not broken out$47 thousand
  • Other government-run businesses$11 thousand
Health and hospitals
0.4%$1 thousand
What's in health and hospitalsPublic health
  • Public health$1 thousand
Sources and moreWhere these numbers come from and what they cover

Banner Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Banner Township itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.