Township government · Peoria County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Timber Township took in $323 thousand and spent $166 thousand.

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

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Where it comes from

Township taxes77%State tax money20%Fines and other2.8%

What stands out

77%

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

Township taxes77%

Property tax
77%$248 thousand

State tax money20%

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

From the state
20%$66 thousand

Fines and other2.8%

Interest, rents and other
2.8%$9 thousand

Where it goes

Running the government and other costs52%Roads, transit and parking47%Social services0.6%Interest on debt0.6%

What stands out

52%

of Timber 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%

Running the government and other costs
52%$86 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$68 thousand
  • Other and not broken out$12 thousand
  • Central staff services (personnel, purchasing, technology)$6 thousand
Roads, transit and parking
47%$78 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$78 thousand
Social services
0.6%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Interest on debt
0.6%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Timber 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 Timber 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.