Township government · Knox County, IL

Galesburg City Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Galesburg City Township took in $836 thousand and spent $740 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Township taxes68%State tax money17%Fines and other15%

What stands out

15%

of Galesburg City Township's money comes from interest, rents and other revenue.A typical U.S. township or town of 10,000 to 50,000 people gets 3.3%.

Township taxes68%

Property tax
68%$570 thousand

State tax money17%

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

From the state
17%$144 thousand

Fines and other15%

Interest, rents and other
15%$122 thousand

Where it goes

Running the government and other costs86%Social services14%

What stands out

86%

of Galesburg City Township's spending goes to running the government and other costs.A typical U.S. township or town of 10,000 to 50,000 people spends 23%.

Spending by category100%

Running the government and other costs
86%$637 thousand
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)$388 thousand
  • Other and not broken out$235 thousand
  • Government buildings$14 thousand
Social services
14%$103 thousand
What's in social servicesOther public welfare
  • Other public welfare$103 thousand
Sources and moreWhere these numbers come from and what they cover

Galesburg City Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. 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 Galesburg City 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.