Township government · Champaign County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Philo Township took in $501 thousand and spent $486 thousand.

Latest recorded year: ended March 31, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Township taxes88%Fines and other6.4%State tax money5.2%Fees for services0.2%

What stands out

88%

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

Township taxes88%

Property tax
88%$442 thousand

Fees for services0.2%

Fees for services
0.2%$1 thousand
What's in fees for servicesOther service charges
  • Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money5.2%

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

From the state
5.2%$26 thousand

Fines and other6.4%

Interest, rents and other
5.6%$28 thousand
Fines
0.8%$4 thousand

Where it goes

Running the government and other costs99%Interest on debt0.6%

What stands out

99%

of Philo 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%

Running the government and other costs
99%$483 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$342 thousand
  • Other and not broken out$138 thousand
  • Finance, tax collection and budgeting$3 thousand
Interest on debt
0.6%$3 thousand
Sources and moreWhere these numbers come from and what they cover

Philo Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Philo 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.