Township government · Will County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Homer Township took in $5.9 million and spent $3.8 million.

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

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Where it comes from

Township taxes81%State tax money9.7%Fees for services (housing, parks and recreation)6.2%Fines and other2.7%

What stands out

81%

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

Township taxes81%

Property tax
81%$4.8 million
Other taxes
<0.1%$4 thousand
What's in other taxesOther licenses
  • Other licenses$4 thousand

Amounts are by Census tax category.

Fees for services6.2%

Fees for services
6.2%$363 thousand
What's in fees for servicesHousing and parks and recreation
  • Housing$316 thousand
  • Parks and recreation$47 thousand

Amounts are by Census type of charge.

State tax money9.7%

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

From the state
9.7%$568 thousand

Fines and other2.7%

Interest, rents and other
2.7%$156 thousand
Fines
<0.1%$2 thousand

Where it goes

Roads, transit and parking48%Running the government and other costs42%Parks, recreation and libraries6.5%Housing and community development3.0%Interest on debt0.8%

What stands out

48%

of Homer 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%

Roads, transit and parking
48%$1.8 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.8 million
Running the government and other costs
42%$1.6 million
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)$1.5 million
  • Other and not broken out$37 thousand
Parks, recreation and libraries
6.5%$246 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$246 thousand
Housing and community development
3.0%$115 thousand
Interest on debt
0.8%$32 thousand
Sources and moreWhere these numbers come from and what they cover

Homer 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 Homer 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.