Township government · Macoupin County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Shipman Township took in $176 thousand and spent $149 thousand.

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

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Where it comes from

Township taxes89%State tax money6.3%Fines and other4.5%

What stands out

89%

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

Township taxes89%

Property tax
89%$157 thousand

State tax money6.3%

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

From the state
6.3%$11 thousand

Fines and other4.5%

Interest, rents and other
4.5%$8 thousand

Where it goes

Roads, transit and parking66%Running the government and other costs32%Social services1.3%

What stands out

32%

of Shipman 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%

Roads, transit and parking
66%$99 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$99 thousand
Running the government and other costs
32%$48 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$48 thousand
Social services
1.3%$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

Shipman 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 Shipman 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.