Township government · McLean County, IL

Mount Hope Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended March 31, 2022), Mount Hope Township took in $284 thousand and spent $232 thousand.

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

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Where it comes from

Township taxes92%State tax money6.0%Fines and other2.5%

What stands out

92%

of Mount Hope 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%$260 thousand

State tax money6.0%

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

From the state
6.0%$17 thousand

Fines and other2.5%

Interest, rents and other
2.5%$7 thousand

Where it goes

Running the government and other costs41%Roads, transit and parking34%Social services14%Parks, recreation and libraries9.1%Sent to other local governments2.2%

What stands out

14%

of Mount Hope Township's spending goes to social services.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
41%$94 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$53 thousand
  • Finance, tax collection and budgeting$21 thousand
  • Other and not broken out$20 thousand
Roads, transit and parking
34%$80 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$80 thousand
Social services
14%$32 thousand
What's in social servicesOther public welfare
  • Other public welfare$32 thousand
Parks, recreation and libraries
9.1%$21 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$21 thousand
Sent to other local governments
2.2%$5 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$5 thousand
Sources and moreWhere these numbers come from and what they cover

Mount Hope 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 Mount Hope 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.