Township government · Ogle County, IL
Lafayette Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended March 31, 2022), Lafayette Township took in $210 thousand and spent $93 thousand.
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Where it comes from
What stands out
of Lafayette Township's money comes from state tax money.A typical U.S. township or town of under 10,000 people gets 19%.
Township taxes41%
State tax money50%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other8.6%
Where it goes
What stands out
of Lafayette 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%
What's in roads, transit and parkingRoads and highways
- Roads and highways$69 thousand
What's in running the government and other costsFinance, tax collection and budgeting
- Finance, tax collection and budgeting$23 thousand
What's in social servicesOther public welfare
- Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover
Lafayette Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Lafayette 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.