Township government · Knox County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Galesburg Township took in $494 thousand and spent $724 thousand.

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

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Where it comes from

Township taxes69%Fines and other17%State tax money14%

What stands out

14%

of Galesburg Township's money comes from taxes other than property, sales and income taxes.Most U.S. townships and towns of under 10,000 people get none.

Township taxes69%

Property tax
55%$274 thousand
Other taxes
14%$68 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$68 thousand

Amounts are by Census tax category.

State tax money14%

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

From the state
14%$68 thousand

Fines and other17%

Interest, rents and other
17%$84 thousand

Where it goes

Running the government and other costs80%Roads, transit and parking20%Social services0.4%Police, fire, courts and jails0.1%

What stands out

80%

of Galesburg 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%

Running the government and other costs
80%$577 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$531 thousand
  • Central staff services (personnel, purchasing, technology)$46 thousand
Roads, transit and parking
20%$143 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$143 thousand
Social services
0.4%$3 thousand
What's in social servicesOther public welfare
  • Other public welfare$3 thousand
Police, fire, courts and jails
0.1%$1 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$1 thousand
Sources and moreWhere these numbers come from and what they cover

Galesburg 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 Galesburg 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.