Township government · Knox County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Copley Township took in $280 thousand and spent $208 thousand.

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

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Where it comes from

Township taxes63%State tax money30%Fines and other7.5%

What stands out

7.5%

of Copley 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 taxes63%

Property tax
63%$175 thousand

State tax money30%

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

From the state
30%$84 thousand

Fines and other7.5%

Interest, rents and other
7.5%$21 thousand

Where it goes

Running the government and other costs48%Roads, transit and parking47%Interest on debt3.8%Social services1.4%

What stands out

48%

of Copley 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%

Running the government and other costs
48%$100 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$83 thousand
  • Other government-run businesses$10 thousand
  • Other and not broken out$7 thousand
Roads, transit and parking
47%$97 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$97 thousand
Interest on debt
3.8%$8 thousand
Social services
1.4%$3 thousand
What's in social servicesOther public welfare
  • Other public welfare$3 thousand
Sources and moreWhere these numbers come from and what they cover

Copley 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 Copley 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.