Township government · McHenry County, IL
Coral Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended March 31, 2022), Coral Township took in $494 thousand and spent $412 thousand.
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Where it comes from
What stands out
of Coral Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.
Township taxes83%
What's in other taxesOther licenses
- Other licenses$5 thousand
Amounts are by Census tax category.
State tax money10%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other6.9%
Where it goes
What stands out
of Coral 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%
What's in roads, transit and parkingRoads and highways
- Roads and highways$255 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
- Central staff services (personnel, purchasing, technology)$147 thousand
Sources and moreWhere these numbers come from and what they cover
Coral 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 Coral 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.