Township government · Lake County, IL
Lake Villa Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended March 31, 2022), Lake Villa Township took in $5.1 million and spent $3.9 million.
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Where it comes from
What stands out
of Lake Villa Township's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.
Township taxes88%
Fees for services3.0%
What's in fees for servicesParks and recreation
- Parks and recreation$150 thousand
Amounts are by Census type of charge.
State tax money7.6%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other1.0%
Where it goes
What stands out
of Lake Villa Township's spending goes to roads, transit and parking.A typical U.S. township or town of 10,000 to 50,000 people spends 9.2%.
Spending by category100%
What's in roads, transit and parkingRoads and highways
- Roads and highways$2.0 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
- Central staff services (personnel, purchasing, technology)$1.3 million
- Other and not broken out$146 thousand
What's in social servicesOther public welfare
- Other public welfare$278 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$237 thousand
Sources and moreWhere these numbers come from and what they cover
Lake Villa 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 Lake Villa 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.