Township government · Will County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Jackson Township took in $1.0 million and spent $897 thousand.

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

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Where it comes from

Township taxes64%State tax money35%Fines and other0.7%

What stands out

35%

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

Township taxes64%

Property tax
64%$659 thousand

State tax money35%

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

From the state
35%$358 thousand

Fines and other0.7%

Interest, rents and other
0.6%$6 thousand
Fines
<0.1%$1 thousand

Where it goes

Roads, transit and parking75%Running the government and other costs25%Social services0.2%

What stands out

75%

of Jackson 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
75%$675 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$675 thousand
Running the government and other costs
25%$220 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$205 thousand
  • Central staff services (personnel, purchasing, technology)$15 thousand
Social services
0.2%$2 thousand
What's in social servicesOther public welfare
  • Other public welfare$2 thousand
Sources and moreWhere these numbers come from and what they cover

Jackson 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 Jackson 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.