Township government · Knox County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Knox Township took in $506 thousand and spent $394 thousand.

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

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Where it comes from

Township taxes76%State tax money13%Fines and other11%

What stands out

11%

of Knox Township's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Township taxes76%

Property tax
76%$385 thousand

State tax money13%

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

From the state
13%$66 thousand

Fines and other11%

Interest, rents and other
11%$55 thousand

Where it goes

Roads, transit and parking68%Running the government and other costs30%Social services1.0%Interest on debt0.5%

What stands out

68%

of Knox 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
68%$268 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$268 thousand
Running the government and other costs
30%$120 thousand
What's in running the government and other costsGovernment buildings and other government-run businesses
  • Government buildings$117 thousand
  • Other government-run businesses$3 thousand
Social services
1.0%$4 thousand
What's in social servicesOther public welfare
  • Other public welfare$4 thousand
Interest on debt
0.5%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Knox 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 Knox 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.