Township government · Henry County, IL

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

In the latest recorded fiscal year (ended February 28, 2022), Oxford Township took in $315 thousand and spent $220 thousand.

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

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Where it comes from

Township taxes84%State tax money12%Fines and other3.5%

What stands out

84%

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

Township taxes84%

Property tax
84%$266 thousand

State tax money12%

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

From the state
12%$38 thousand

Fines and other3.5%

Interest, rents and other
3.5%$11 thousand

Where it goes

Roads, transit and parking60%Running the government and other costs34%Interest on debt5.5%Social services0.9%

What stands out

5.5%

of Oxford Township's spending goes to interest on debt.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
60%$132 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$132 thousand
Running the government and other costs
34%$74 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$60 thousand
  • Finance, tax collection and budgeting$10 thousand
  • Other government-run businesses$4 thousand
Interest on debt
5.5%$12 thousand
Social services
0.9%$2 thousand
What's in social servicesOther public welfare
  • Other public welfare$2 thousand
Sources and moreWhere these numbers come from and what they cover

Oxford 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 Oxford 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.