Township government · McLean County, IL
Old Town Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended March 31, 2022), Old Town Township took in $634 thousand and spent $359 thousand.
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Where it comes from
What stands out
of Old Town Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.
Township taxes94%
State tax money3.2%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other2.7%
Where it goes
What stands out
of Old Town 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 roads, transit and parkingRoads and highways
- Roads and highways$221 thousand
What's in running the government and other costsFinance, tax collection and budgeting and other government-run businesses
- Finance, tax collection and budgeting$131 thousand
- Other government-run businesses$6 thousand
What's in social servicesOther public welfare
- Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover
Old Town 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 Old Town 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.