Township government · Menominee County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Faithorn Township took in $116 thousand and spent $76 thousand.

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

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Where it comes from

Township taxes42%State tax money39%Federal tax money10%Fees for services7.8%Fines and other0.9%

What stands out

10%

of Faithorn Township's money comes from federal tax money.Most U.S. townships and towns of under 10,000 people get none.

Township taxes42%

Property tax
42%$49 thousand

Fees for services7.8%

Fees for services
7.8%$9 thousand
What's in fees for servicesOther service charges
  • Other service charges$9 thousand

Amounts are by Census type of charge.

Federal tax money10%

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

From the federal government
10%$12 thousand

State tax money39%

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

From the state
39%$45 thousand

Fines and other0.9%

Interest, rents and other
0.9%$1 thousand

Where it goes

Running the government and other costs79%Police, fire, courts and jails18%Health and hospitals2.6%

What stands out

79%

of Faithorn 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
79%$60 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$21 thousand
  • Finance, tax collection and budgeting$16 thousand
  • Central staff services (personnel, purchasing, technology)$16 thousand
  • Government buildings$7 thousand
Police, fire, courts and jails
18%$14 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$14 thousand
Health and hospitals
2.6%$2 thousand
What's in health and hospitalsPublic health
  • Public health$2 thousand
Sources and moreWhere these numbers come from and what they cover

Faithorn 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 Faithorn 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.