Township government · Carroll County, IL

Elkhorn Grove Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended March 31, 2024), Elkhorn Grove Township took in $204 thousand and spent $126 thousand.

Latest recorded year: ended March 31, 2024Comes fromGoes to

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Where it comes from

Township taxes94%Fines and other3.9%State tax money2.5%

What stands out

94%

of Elkhorn Grove Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Township taxes94%

Property tax
94%$191 thousand

State tax money2.5%

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

From the state
2.5%$5 thousand

Fines and other3.9%

Interest, rents and other
3.9%$8 thousand

Where it goes

Roads, transit and parking59%Running the government and other costs36%Interest on debt3.2%Social services2.4%

What stands out

36%

of Elkhorn Grove 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
59%$74 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$74 thousand
Running the government and other costs
36%$45 thousand
What's in running the government and other costsFinance, tax collection and budgeting and other government-run businesses
  • Finance, tax collection and budgeting$40 thousand
  • Other government-run businesses$5 thousand
Interest on debt
3.2%$4 thousand
Social services
2.4%$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

Elkhorn Grove Township. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended March 31, 2024.

What this covers. The money of Elkhorn Grove 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.