Township government · Lake County, IL

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

In the latest recorded fiscal year (ended February 28, 2022), Cuba Township took in $4.6 million and spent $4.8 million.

Latest recorded year: ended February 28, 2022Comes fromGoes to

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Where it comes from

Township taxes65%County and local tax money25%Fines and other6.6%State tax money3.3%

What stands out

25%

of Cuba Township's money comes from county and other local tax money.Most U.S. townships and towns of 10,000 to 50,000 people get none.

Township taxes65%

Property tax
65%$3.0 million

State tax money3.3%

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

From the state
3.3%$153 thousand

County and local tax money25%

Money passed on by the county or other local governments.

From the county and other local governments
25%$1.1 million

Fines and other6.6%

Fines
3.6%$165 thousand
Interest, rents and other
3.0%$141 thousand

Where it goes

Roads, transit and parking66%Running the government and other costs34%

What stands out

66%

of Cuba Township's spending goes to roads, transit and parking.A typical U.S. township or town of 10,000 to 50,000 people spends 9.2%.

Spending by category100%

Roads, transit and parking
66%$3.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.2 million
Running the government and other costs
34%$1.7 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$1.5 million
  • Other and not broken out$182 thousand
  • Other government-run businesses$21 thousand
Interest on debt
<0.1%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Cuba Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended February 28, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Cuba 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.