Township government · Boone County, IL
Belvidere Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended March 31, 2022), Belvidere Township took in $2.6 million and spent $1.5 million.
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Where it comes from
What stands out
of Belvidere Township's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.
Township taxes84%
State tax money12%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other3.6%
Where it goes
What stands out
of Belvidere Township's spending goes to roads, transit and parking.A typical U.S. township or town of 10,000 to 50,000 people spends 9.2%.
Spending by category100%
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
- Central staff services (personnel, purchasing, technology)$649 thousand
- Other and not broken out$222 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$554 thousand
What's in social servicesOther public welfare
- Other public welfare$64 thousand
Sources and moreWhere these numbers come from and what they cover
Belvidere 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 Belvidere 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.