Township government · Wexford County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Colfax Township took in $177 thousand and spent $160 thousand.

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

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Where it comes from

State tax money55%Township taxes34%Fines and other7.9%Fees for services2.3%

What stands out

55%

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

Township taxes34%

Property tax
31%$55 thousand
Other taxes
3.4%$6 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$6 thousand

Amounts are by Census tax category.

Fees for services2.3%

Fees for services
2.3%$4 thousand
What's in fees for servicesOther service charges
  • Other service charges$4 thousand

Amounts are by Census type of charge.

State tax money55%

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

From the state
55%$98 thousand

Fines and other7.9%

Interest, rents and other
7.9%$14 thousand

Where it goes

Running the government and other costs56%Parks, recreation and libraries25%Police, fire, courts and jails19%

What stands out

25%

of Colfax Township's spending goes to parks, recreation and libraries.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
56%$89 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$44 thousand
  • Finance, tax collection and budgeting$34 thousand
  • Other and not broken out$9 thousand
  • Government buildings$2 thousand
Parks, recreation and libraries
25%$40 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$40 thousand
Police, fire, courts and jails
19%$31 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$31 thousand
Sources and moreWhere these numbers come from and what they cover

Colfax 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 Colfax 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.