Township government · Vermilion County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Oakwood Township took in $688 thousand and spent $610 thousand.

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

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Where it comes from

Township taxes80%State tax money20%Fines and other0.1%

What stands out

79%

of Oakwood Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Township taxes80%

Property tax
79%$546 thousand
Other taxes
0.7%$5 thousand
What's in other taxesOther licenses
  • Other licenses$5 thousand

Amounts are by Census tax category.

State tax money20%

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

From the state
20%$136 thousand

Fines and other0.1%

Interest, rents and other
0.1%$1 thousand

Where it goes

Roads, transit and parking52%Running the government and other costs47%Social services0.2%

What stands out

47%

of Oakwood 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%

Roads, transit and parking
52%$320 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$320 thousand
Running the government and other costs
47%$289 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 3 more
  • Finance, tax collection and budgeting$98 thousand
  • Other and not broken out$87 thousand
  • Other government-run businesses$54 thousand
  • Central staff services (personnel, purchasing, technology)$25 thousand
  • Government buildings$25 thousand
Social services
0.2%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

Oakwood 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 Oakwood 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.