Township government · McDonough County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Macomb Township took in $156 thousand and spent $111 thousand.

Latest recorded year: ended March 31, 2022Comes from Goes to

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Where it comes from

Township taxes92%State tax money4.5%Fines and other3.2%

What stands out

92%

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

Township taxes92%

Property tax

92%$144 thousand

State tax money4.5%

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

From the state

4.5%$7 thousand

Fines and other3.2%

Interest, rents and other

2.6%$4 thousand

Fines

0.6%$1 thousand

Where it goes

Running the government and other costs70%Roads, transit and parking30%

What stands out

70%

of Macomb 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

70%$78 thousand

What's in running the government and other costsFinance, tax collection and budgeting

Finance, tax collection and budgeting$78 thousand

Roads, transit and parking

30%$33 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$33 thousand

Sources and moreWhere these numbers come from and what they cover

Macomb 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 Macomb 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.