Township government · Tazewell County, IL

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

In the latest recorded fiscal year (ended January 31, 2022), Pekin Township took in $729 thousand and spent $612 thousand.

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

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Where it comes from

Township taxes90%State tax money6.0%Fines and other1.5%Fees for services (parking)1.2%Federal tax money1.1%

What stands out

90%

of Pekin Township's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.

Township taxes90%

Property tax
90%$657 thousand

Fees for services1.2%

Fees for services
1.2%$9 thousand
What's in fees for servicesOther service charges and parking
  • Other service charges$5 thousand
  • Parking$4 thousand

Amounts are by Census type of charge.

Federal tax money1.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
1.1%$8 thousand

State tax money6.0%

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

From the state
6.0%$44 thousand

Fines and other1.5%

Interest, rents and other
1.5%$11 thousand

Where it goes

Running the government and other costs87%Social services13%

What stands out

87%

of Pekin 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%

Running the government and other costs
87%$535 thousand
What's in running the government and other costsFinance, tax collection and budgeting and other and not broken out
  • Finance, tax collection and budgeting$528 thousand
  • Other and not broken out$7 thousand
Social services
13%$77 thousand
What's in social servicesOther public welfare
  • Other public welfare$77 thousand
Sources and moreWhere these numbers come from and what they cover

Pekin Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended January 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Pekin 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.