Township government · Lawrence County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Bond Township took in $262 thousand and spent $260 thousand.

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

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Where it comes from

State tax money53%Township taxes45%Fines and other1.9%

What stands out

53%

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

Township taxes45%

Property tax
45%$118 thousand
Other taxes
0.4%$1 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$1 thousand

Amounts are by Census tax category.

State tax money53%

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

From the state
53%$138 thousand

Fines and other1.9%

Interest, rents and other
1.9%$5 thousand

Where it goes

Roads, transit and parking60%Running the government and other costs39%Social services0.8%

What stands out

39%

of Bond 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
60%$157 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$157 thousand
Running the government and other costs
39%$101 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$79 thousand
  • Central staff services (personnel, purchasing, technology)$13 thousand
  • Other government-run businesses$9 thousand
Social services
0.8%$2 thousand
What's in social servicesOther public welfare
  • Other public welfare$2 thousand
Sources and moreWhere these numbers come from and what they cover

Bond 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 Bond 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.