Township government · Montgomery County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Hillsboro Township took in $713 thousand and spent $616 thousand.

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

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Where it comes from

Township taxes53%State tax money27%Fines and other20%

What stands out

20%

of Hillsboro Township's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Township taxes53%

Property tax
53%$378 thousand

State tax money27%

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

From the state
27%$190 thousand

Fines and other20%

Interest, rents and other
20%$145 thousand

Where it goes

Roads, transit and parking78%Running the government and other costs20%Social services2.3%Interest on debt0.2%

What stands out

78%

of Hillsboro 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
78%$478 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$478 thousand
Running the government and other costs
20%$123 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$100 thousand
  • Other and not broken out$23 thousand
Social services
2.3%$14 thousand
What's in social servicesOther public welfare
  • Other public welfare$14 thousand
Interest on debt
0.2%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Hillsboro 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 Hillsboro 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.