Township government · Henry County, IL
Cambridge Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended March 31, 2022), Cambridge Township took in $241 thousand and spent $228 thousand.
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Where it comes from
What stands out
of Cambridge Township's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.
Township taxes73%
State tax money16%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other10%
Where it goes
What stands out
of Cambridge Township's spending goes to parks, recreation and libraries.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$132 thousand
What's in running the government and other costsFinance, tax collection and budgeting
- Finance, tax collection and budgeting$67 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$28 thousand
What's in social servicesOther public welfare
- Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover
Cambridge 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 Cambridge 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.