Township government · Shelby County, IL

Cold Spring Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended March 31, 2022), Cold Spring Township took in $132 thousand and spent $173 thousand.

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

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Where it comes from

Township taxes62%Fines and other29%State tax money7.6%Fees for services1.5%

What stands out

29%

of Cold Spring 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 taxes62%

Property tax
62%$82 thousand

Fees for services1.5%

Fees for services
1.5%$2 thousand
What's in fees for servicesOther service charges
  • Other service charges$2 thousand

Amounts are by Census type of charge.

State tax money7.6%

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

From the state
7.6%$10 thousand

Fines and other29%

Interest, rents and other
29%$38 thousand

Where it goes

Roads, transit and parking68%Running the government and other costs32%

What stands out

68%

of Cold Spring Township's spending goes to roads, transit and parking.A typical U.S. township or town of under 10,000 people spends 53%.

Spending by category100%

Roads, transit and parking
68%$118 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$118 thousand
Running the government and other costs
32%$55 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$22 thousand
  • Finance, tax collection and budgeting$20 thousand
  • Other government-run businesses$13 thousand
Sources and moreWhere these numbers come from and what they cover

Cold Spring 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 Cold Spring 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.