Township government · Adams County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Liberty Township took in $221 thousand and spent $185 thousand.

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

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Where it comes from

Township taxes94%Fines and other3.6%State tax money2.3%

What stands out

94%

of Liberty Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Township taxes94%

Property tax
94%$208 thousand

State tax money2.3%

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

From the state
2.3%$5 thousand

Fines and other3.6%

Interest, rents and other
3.6%$8 thousand

Where it goes

Roads, transit and parking57%Running the government and other costs41%Interest on debt1.6%Social services1.1%

What stands out

41%

of Liberty Township's spending goes to running the government and other costs.A typical U.S. township or town of under 10,000 people spends 23%.

Spending by category100%

Roads, transit and parking
57%$105 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$105 thousand
Running the government and other costs
41%$75 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$75 thousand
Interest on debt
1.6%$3 thousand
Social services
1.1%$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

Liberty 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 Liberty 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.