Township government · Lake County, IL

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

In the latest recorded fiscal year (ended February 28, 2022), Shields Township took in $1.3 million and spent $1.3 million.

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

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Where it comes from

Township taxes81%Fines and other12%State tax money7.0%

What stands out

12%

of Shields Township's money comes from interest, rents and other revenue.A typical U.S. township or town of 10,000 to 50,000 people gets 3.3%.

Township taxes81%

Property tax
81%$1.0 million

State tax money7.0%

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

From the state
7.0%$89 thousand

Fines and other12%

Interest, rents and other
12%$156 thousand

Where it goes

Running the government and other costs50%Roads, transit and parking42%Social services8.0%

What stands out

42%

of Shields Township's spending goes to roads, transit and parking.A typical U.S. township or town of 10,000 to 50,000 people spends 9.2%.

Spending by category100%

Running the government and other costs
50%$665 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$334 thousand
  • Central staff services (personnel, purchasing, technology)$306 thousand
  • Other and not broken out$25 thousand
Roads, transit and parking
42%$547 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$547 thousand
Social services
8.0%$106 thousand
What's in social servicesOther public welfare
  • Other public welfare$106 thousand
Sources and moreWhere these numbers come from and what they cover

Shields 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 Shields 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.