Township government · Grundy County, IL
Braceville Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended March 31, 2022), Braceville Township took in $424 thousand and spent $185 thousand.
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Where it comes from
What stands out
of Braceville Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.
Township taxes86%
State tax money12%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other2.1%
Where it goes
What stands out
of Braceville Township's spending goes to local governments.Most U.S. townships and towns of under 10,000 people spend nothing on this.
Spending by category100%
What's in roads, transit and parkingRoads and highways
- Roads and highways$100 thousand
What's in running the government and other costsFinance, tax collection and budgeting
- Finance, tax collection and budgeting$43 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
- Sent to local governments: other and not broken out$34 thousand
What's in social servicesOther public welfare
- Other public welfare$8 thousand
Sources and moreWhere these numbers come from and what they cover
Braceville 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 Braceville 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.