Township government · Lake County, IL

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

In the latest recorded fiscal year (ended February 28, 2022), Newport Township took in $655 thousand and spent $616 thousand.

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

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Where it comes from

Township taxes86%Fines and other11%State tax money3.1%

What stands out

11%

of Newport 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 taxes86%

Property tax
86%$566 thousand

State tax money3.1%

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

From the state
3.1%$20 thousand

Fines and other11%

Interest, rents and other
11%$69 thousand

Where it goes

Roads, transit and parking72%Running the government and other costs27%Social services0.6%Interest on debt0.2%

What stands out

72%

of Newport Township's spending goes to roads, transit and parking.A typical U.S. township or town of under 10,000 people spends 53%.

Spending by category100%

Roads, transit and parking
72%$446 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$446 thousand
Running the government and other costs
27%$165 thousand
What's in running the government and other costsGovernment buildings and other and not broken out
  • Government buildings$154 thousand
  • Other and not broken out$11 thousand
Social services
0.6%$4 thousand
What's in social servicesOther public welfare
  • Other public welfare$4 thousand
Interest on debt
0.2%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Newport 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 Newport 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.