Township government · Iroquois County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Loda Township took in $394 thousand and spent $226 thousand.

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

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Where it comes from

Township taxes82%Fines and other13%State tax money5.3%

What stands out

13%

of Loda Township's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Township taxes82%

Property tax
82%$322 thousand

State tax money5.3%

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

From the state
5.3%$21 thousand

Fines and other13%

Interest, rents and other
13%$51 thousand

Where it goes

Running the government and other costs59%Roads, transit and parking41%Social services0.4%

What stands out

59%

of Loda 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%

Running the government and other costs
59%$133 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other government-run businesses and 1 more
  • Finance, tax collection and budgeting$100 thousand
  • Other government-run businesses$26 thousand
  • Other and not broken out$7 thousand
Roads, transit and parking
41%$92 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$92 thousand
Social services
0.4%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

Loda 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 Loda 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.