Township government · McHenry County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Greenwood Township took in $1.7 million and spent $1.5 million.

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

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Where it comes from

Township taxes80%Fines and other12%State tax money8.2%

What stands out

80%

of Greenwood Township's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.

Township taxes80%

Property tax
80%$1.4 million

State tax money8.2%

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

From the state
8.2%$140 thousand

Fines and other12%

Interest, rents and other
11%$192 thousand
Fines
0.3%$5 thousand

Where it goes

Running the government and other costs57%Roads, transit and parking41%Social services1.2%Interest on debt<0.1%

What stands out

41%

of Greenwood Township's spending goes to roads, transit and parking.A typical U.S. township or town of 10,000 to 50,000 people spends 9.2%.

Spending by category100%

Running the government and other costs
57%$853 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$561 thousand
  • Other and not broken out$292 thousand
Roads, transit and parking
41%$612 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$612 thousand
Social services
1.2%$18 thousand
What's in social servicesOther public welfare
  • Other public welfare$18 thousand
Interest on debt
<0.1%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Greenwood 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 Greenwood 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.