Township government · Cook County, IL
Norwood Park Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended March 31, 2022), Norwood Park Township took in $653 thousand and spent $538 thousand.
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Where it comes from
What stands out
of Norwood Park Township's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.
Township taxes89%
State tax money11%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Norwood Park Township's spending goes to running the government and other costs.A typical U.S. township or town of 10,000 to 50,000 people spends 23%.
Spending by category100%
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)$350 thousand
- Other and not broken out$48 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$73 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$67 thousand
Sources and moreWhere these numbers come from and what they cover
Norwood Park 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 Norwood Park 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.