Township government · Grundy County, IL
Goodfarm Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended March 31, 2022), Goodfarm Township took in $334 thousand and spent $275 thousand.
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Where it comes from
What stands out
of Goodfarm Township's money comes from state tax money.A typical U.S. township or town of under 10,000 people gets 19%.
Township taxes37%
State tax money58%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other4.8%
Where it goes
What stands out
of Goodfarm 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%
What's in roads, transit and parkingRoads and highways
- Roads and highways$209 thousand
What's in running the government and other costsFinance, tax collection and budgeting and other and not broken out
- Finance, tax collection and budgeting$48 thousand
- Other and not broken out$18 thousand
Sources and moreWhere these numbers come from and what they cover
Goodfarm 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 Goodfarm 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.