Township government · Knox County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Elba Township took in $580 thousand and spent $182 thousand.

Latest recorded year: ended March 31, 2022Estimated by the U.S. Census BureauComes from Goes to

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Where it comes from

Fines and other69%Township taxes28%State tax money2.9%

What stands out

69%

of Elba 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 taxes28%

Property tax

28%$162 thousand

State tax money2.9%

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

From the state

2.9%$17 thousand

Fines and other69%

Interest, rents and other

69%$401 thousand

Where it goes

Roads, transit and parking60%Running the government and other costs39%Interest on debt0.5%

What stands out

39%

of Elba 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%

Roads, transit and parking

60%$110 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$110 thousand

Running the government and other costs

39%$71 thousand

What's in running the government and other costsFinance, tax collection and budgeting and other government-run businesses

Finance, tax collection and budgeting$67 thousand
Other government-run businesses$4 thousand

Interest on debt

0.5%$1 thousand

Sources and moreWhere these numbers come from and what they cover

Elba Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Elba 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.