Township government · Will County, IL

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

In the latest recorded fiscal year (ended February 28, 2022), Lockport Township took in $4.9 million and spent $3.3 million.

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

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Where it comes from

Township taxes62%State tax money38%Fines and other0.3%

What stands out

38%

of Lockport Township's money comes from state tax money.A typical U.S. township or town of 50,000+ people gets 6.9%.

Township taxes62%

Property tax
61%$3.0 million
Other taxes
0.1%$5 thousand
What's in other taxesOther licenses
  • Other licenses$5 thousand

Amounts are by Census tax category.

State tax money38%

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

From the state
38%$1.9 million

Fines and other0.3%

Interest, rents and other
0.3%$13 thousand
Fines
<0.1%$2 thousand

Where it goes

Running the government and other costs51%Roads, transit and parking41%Social services6.2%Water, sewer, trash and utilities1.3%Interest on debt0.3%All other spending0.2%

What stands out

41%

of Lockport 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
51%$1.7 million
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$845 thousand
  • Other and not broken out$472 thousand
  • Central staff services (personnel, purchasing, technology)$377 thousand
Roads, transit and parking
41%$1.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.3 million
Social services
6.2%$204 thousand
What's in social servicesOther public welfare
  • Other public welfare$204 thousand
Water, sewer, trash and utilities
1.3%$42 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$42 thousand
Interest on debt
0.3%$9 thousand
Police, fire, courts and jails
0.1%$4 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$4 thousand
Parks, recreation and libraries
<0.1%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Lockport 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 Lockport 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.