Township government · Peoria County, IL
Richwoods Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended March 31, 2022), Richwoods Township took in $249 thousand and spent $191 thousand.
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Where it comes from
What stands out
of Richwoods Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.
Township taxes81%
State tax money18%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other1.6%
Where it goes
What stands out
of Richwoods 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%
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)$80 thousand
- Finance, tax collection and budgeting$55 thousand
- Other and not broken out$13 thousand
What's in social servicesOther public welfare
- Other public welfare$43 thousand
Sources and moreWhere these numbers come from and what they cover
Richwoods 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 Richwoods 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.