Township government · Tazewell County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Hopedale Township took in $193 thousand and spent $122 thousand.

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

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Where it comes from

Township taxes84%Fees for services (housing)12%State tax money3.6%

What stands out

12%

of Hopedale Township's money comes from fees for services such as water, sewer and parking.Most U.S. townships and towns of under 10,000 people get none.

Township taxes84%

Property tax
84%$163 thousand

Fees for services12%

Fees for services
12%$23 thousand
What's in fees for servicesOther service charges and housing
  • Other service charges$16 thousand
  • Housing$7 thousand

Amounts are by Census type of charge.

State tax money3.6%

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

From the state
3.6%$7 thousand

Where it goes

Running the government and other costs72%Roads, transit and parking25%Interest on debt2.5%

What stands out

72%

of Hopedale 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
72%$88 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$44 thousand
  • Other and not broken out$42 thousand
  • Government buildings$2 thousand
Roads, transit and parking
25%$31 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$31 thousand
Interest on debt
2.5%$3 thousand
Sources and moreWhere these numbers come from and what they cover

Hopedale 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 Hopedale 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.