Township government · Richland County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Olney Township took in $689 thousand and spent $651 thousand.

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

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Where it comes from

Township taxes75%State tax money20%County and local tax money4.4%Fines and other0.7%

What stands out

75%

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

Township taxes75%

Property tax
75%$514 thousand

State tax money20%

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

From the state
20%$140 thousand

County and local tax money4.4%

Money passed on by the county or other local governments.

From the county and other local governments
4.4%$30 thousand

Fines and other0.7%

Interest, rents and other
0.7%$5 thousand

Where it goes

Roads, transit and parking57%Running the government and other costs37%Social services6.1%

What stands out

6.1%

of Olney Township's spending goes to social services.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
57%$368 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$368 thousand
Running the government and other costs
37%$243 thousand
What's in running the government and other costsFinance, tax collection and budgeting and other government-run businesses
  • Finance, tax collection and budgeting$237 thousand
  • Other government-run businesses$6 thousand
Social services
6.1%$40 thousand
What's in social servicesOther public welfare
  • Other public welfare$40 thousand
Sources and moreWhere these numbers come from and what they cover

Olney 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 Olney 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.