Township government · LaSalle County, IL
Wallace Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended February 28, 2022), Wallace Township took in $462 thousand and spent $324 thousand.
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Where it comes from
What stands out
of Wallace Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.
Township taxes70%
State tax money29%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other0.4%
Where it goes
What stands out
of Wallace Township's spending goes to roads, transit and parking.A typical U.S. township or town of under 10,000 people spends 53%.
Spending by category100%
What's in roads, transit and parkingRoads and highways
- Roads and highways$264 thousand
What's in running the government and other costsFinance, tax collection and budgeting
- Finance, tax collection and budgeting$43 thousand
Sources and moreWhere these numbers come from and what they cover
Wallace Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended February 28, 2022. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Wallace 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.