Township government · Whiteside County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Coloma Township took in $565 thousand and spent $414 thousand.

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

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Where it comes from

Township taxes75%State tax money15%Fees for services (parks and recreation)8.5%Fines and other1.1%

What stands out

75%

of Coloma Township's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.

Township taxes75%

Property tax
75%$426 thousand

Fees for services8.5%

Fees for services
8.5%$48 thousand
What's in fees for servicesParks and recreation
  • Parks and recreation$48 thousand

Amounts are by Census type of charge.

State tax money15%

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

From the state
15%$85 thousand

Fines and other1.1%

Interest, rents and other
1.1%$6 thousand

Where it goes

Running the government and other costs64%Roads, transit and parking19%Social services17%

What stands out

17%

of Coloma Township's spending goes to social services.Most U.S. townships and towns of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
64%$265 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other government-run businesses and 1 more
  • Finance, tax collection and budgeting$159 thousand
  • Other government-run businesses$99 thousand
  • Other and not broken out$7 thousand
Roads, transit and parking
19%$77 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$77 thousand
Social services
17%$72 thousand
What's in social servicesOther public welfare
  • Other public welfare$72 thousand
Sources and moreWhere these numbers come from and what they cover

Coloma 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 Coloma 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.