Township government · Will County, IL

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

In the latest recorded fiscal year (ended March 31, 2024), Joliet Township took in $7.3 million and spent $8.9 million.

Latest recorded year: ended March 31, 2024Comes fromGoes to

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Where it comes from

Township taxes52%State tax money22%Federal tax money18%Fines and other6.6%Fees for services1.2%

What stands out

18%

of Joliet Township's money comes from federal tax money.Most U.S. townships and towns of 50,000+ people get none.

Township taxes52%

Property tax
52%$3.8 million

Fees for services1.2%

Fees for services
1.2%$89 thousand
What's in fees for servicesOther service charges
  • Other service charges$89 thousand

Amounts are by Census type of charge.

Federal tax money18%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
18%$1.3 million

State tax money22%

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

From the state
22%$1.6 million

Fines and other6.6%

Interest, rents and other
6.3%$459 thousand
Fines
0.3%$21 thousand

Where it goes

Running the government and other costs59%Roads, transit and parking35%Social services3.8%Parks, recreation and libraries1.5%

What stands out

35%

of Joliet Township's spending goes to roads, transit and parking.A typical U.S. township or town of 50,000+ people spends 7%.

Spending by category100%

Running the government and other costs
59%$5.3 million
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$4.4 million
  • Central staff services (personnel, purchasing, technology)$872 thousand
Roads, transit and parking
35%$3.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.1 million
Social services
3.8%$337 thousand
What's in social servicesOther public welfare
  • Other public welfare$337 thousand
Parks, recreation and libraries
1.5%$129 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$129 thousand
Sources and moreWhere these numbers come from and what they cover

Joliet Township. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended March 31, 2024.

What this covers. The money of Joliet 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.