Township government · Kane County, IL
Elgin Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended March 31, 2022), Elgin Township took in $3.8 million and spent $3.5 million.
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Where it comes from
What stands out
of Elgin Township's money comes from property tax.A typical U.S. township or town of 50,000+ people gets 66%.
Township taxes88%
State tax money11%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other1.0%
Where it goes
What stands out
of Elgin Township's spending goes to running the government and other costs.A typical U.S. township or town of 50,000+ people spends 32%.
Spending by category100%
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
- Central staff services (personnel, purchasing, technology)$2.2 million
- Other and not broken out$284 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$878 thousand
What's in social servicesOther public welfare
- Other public welfare$145 thousand
Sources and moreWhere these numbers come from and what they cover
Elgin 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 Elgin 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.