Township government · McDonough County, IL
New Salem Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended March 31, 2022), New Salem Township took in $390 thousand and spent $306 thousand.
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Where it comes from
What stands out
of New Salem 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 taxes69%
Fees for services1.0%
What's in fees for servicesOther service charges
- Other service charges$4 thousand
Amounts are by Census type of charge.
State tax money3.1%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other27%
Where it goes
What stands out
of New Salem 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%
What's in running the government and other costsFinance, tax collection and budgeting and other and not broken out
- Finance, tax collection and budgeting$162 thousand
- Other and not broken out$15 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$127 thousand
Sources and moreWhere these numbers come from and what they cover
New Salem Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of New Salem 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.