Township government · Montgomery County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Irving Township took in $414 thousand and spent $292 thousand.

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

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Where it comes from

State tax money54%Township taxes45%Fines and other0.5%

What stands out

54%

of Irving Township's money comes from state tax money.A typical U.S. township or town of under 10,000 people gets 19%.

Township taxes45%

Property tax
45%$187 thousand

State tax money54%

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

From the state
54%$225 thousand

Fines and other0.5%

Interest, rents and other
0.5%$2 thousand

Where it goes

Roads, transit and parking80%Running the government and other costs20%Social services0.3%

What stands out

80%

of Irving 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
80%$234 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$234 thousand
Running the government and other costs
20%$57 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$57 thousand
Social services
0.3%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

Irving 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 Irving 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.