Township government · Madison County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Venice Township took in $878 thousand and spent $608 thousand.

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

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Where it comes from

State tax money63%Township taxes30%Fines and other6.7%

What stands out

63%

of Venice Township's money comes from state tax money.A typical U.S. township or town of under 10,000 people gets 19%.

Township taxes30%

Property tax
30%$266 thousand

State tax money63%

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

From the state
63%$553 thousand

Fines and other6.7%

Interest, rents and other
6.7%$59 thousand

Where it goes

Running the government and other costs70%Roads, transit and parking24%Social services5.6%

What stands out

70%

of Venice 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
70%$427 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$417 thousand
  • Central staff services (personnel, purchasing, technology)$10 thousand
Roads, transit and parking
24%$147 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$147 thousand
Social services
5.6%$34 thousand
What's in social servicesOther public welfare
  • Other public welfare$34 thousand
Sources and moreWhere these numbers come from and what they cover

Venice 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 Venice 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.