Township government · Pike County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Fairmount Township took in $145 thousand and spent $112 thousand.

Latest recorded year: ended March 31, 2022Comes fromGoes to

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Where it comes from

Township taxes40%County and local tax money34%Fines and other23%State tax money2.1%

What stands out

34%

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

Township taxes40%

Property tax
40%$58 thousand

State tax money2.1%

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

From the state
2.1%$3 thousand

County and local tax money34%

Money passed on by the county or other local governments.

From the county and other local governments
34%$50 thousand

Fines and other23%

Interest, rents and other
23%$34 thousand

Where it goes

Roads, transit and parking79%Running the government and other costs19%Interest on debt1.8%Social services0.9%

What stands out

79%

of Fairmount Township's spending goes to roads, transit and parking.A typical U.S. township or town of under 10,000 people spends 53%.

Spending by category100%

Roads, transit and parking
79%$88 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$88 thousand
Running the government and other costs
19%$21 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$21 thousand
Interest on debt
1.8%$2 thousand
Social services
0.9%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

Fairmount 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 Fairmount 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.