Township government · Lake County, IL

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

In the latest recorded fiscal year (ended February 28, 2022), Libertyville Township took in $3.9 million and spent $3.3 million.

Latest recorded year: ended February 28, 2022Comes fromGoes to

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Where it comes from

Township taxes78%State tax money13%County and local tax money5.1%Fines and other3.4%Federal tax money0.6%

What stands out

5.1%

of Libertyville Township's money comes from county and other local tax money.Most U.S. townships and towns of 50,000+ people get none.

Township taxes78%

Property tax
78%$3.1 million
Other taxes
<0.1%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Federal tax money0.6%

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

From the federal government
0.6%$24 thousand

State tax money13%

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

From the state
13%$490 thousand

County and local tax money5.1%

Money passed on by the county or other local governments.

From the county and other local governments
5.1%$199 thousand

Fines and other3.4%

Interest, rents and other
3.4%$133 thousand

Where it goes

Running the government and other costs58%Roads, transit and parking39%Social services3.7%

What stands out

39%

of Libertyville 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
58%$1.9 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$1.3 million
  • Central staff services (personnel, purchasing, technology)$353 thousand
  • Other and not broken out$235 thousand
Roads, transit and parking
39%$1.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.3 million
Social services
3.7%$122 thousand
What's in social servicesOther public welfare
  • Other public welfare$122 thousand
Sources and moreWhere these numbers come from and what they cover

Libertyville Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended February 28, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Libertyville 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.