Township government · Vermilion County, IL

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

In the latest recorded fiscal year (ended February 28, 2022), Newell Township took in $978 thousand and spent $681 thousand.

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

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Where it comes from

Township taxes79%State tax money20%Fines and other1.7%

What stands out

79%

of Newell Township's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.

Township taxes79%

Property tax
79%$768 thousand

State tax money20%

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

From the state
20%$193 thousand

Fines and other1.7%

Interest, rents and other
1.7%$17 thousand

Where it goes

Roads, transit and parking52%Running the government and other costs44%Social services2.8%Interest on debt1.0%

What stands out

52%

of Newell Township's spending goes to roads, transit and parking.A typical U.S. township or town of 10,000 to 50,000 people spends 9.2%.

Spending by category100%

Roads, transit and parking
52%$354 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$354 thousand
Running the government and other costs
44%$301 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$298 thousand
  • Other and not broken out$3 thousand
Social services
2.8%$19 thousand
What's in social servicesOther public welfare
  • Other public welfare$19 thousand
Interest on debt
1.0%$7 thousand
Sources and moreWhere these numbers come from and what they cover

Newell 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 Newell 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.