Township government · Jo Daviess County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Thompson Township took in $815 thousand and spent $688 thousand.

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

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Where it comes from

Township taxes60%State tax money26%Fines and other12%Federal tax money1.6%

What stands out

12%

of Thompson Township's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Township taxes60%

Property tax
60%$491 thousand
Other taxes
0.2%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Federal tax money1.6%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
1.6%$13 thousand

State tax money26%

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

From the state
26%$209 thousand

Fines and other12%

Interest, rents and other
12%$100 thousand

Where it goes

Roads, transit and parking54%Running the government and other costs46%

What stands out

46%

of Thompson 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
54%$371 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$371 thousand
Running the government and other costs
46%$317 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$251 thousand
  • Other and not broken out$66 thousand
Sources and moreWhere these numbers come from and what they cover

Thompson 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 Thompson 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.