Township government · Tazewell County, IL

Spring Lake Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended March 31, 2022), Spring Lake Township took in $324 thousand and spent $206 thousand.

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

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Where it comes from

Township taxes94%State tax money3.7%Fines and other1.9%

What stands out

94%

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

Township taxes94%

Property tax
94%$306 thousand

State tax money3.7%

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

From the state
3.7%$12 thousand

Fines and other1.9%

Interest, rents and other
1.9%$6 thousand

Where it goes

Roads, transit and parking61%Running the government and other costs38%Interest on debt1.0%

What stands out

38%

of Spring Lake 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
61%$125 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$125 thousand
Running the government and other costs
38%$79 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$72 thousand
  • Central staff services (personnel, purchasing, technology)$7 thousand
Interest on debt
1.0%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Spring Lake 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 Spring Lake 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.