Township government · Iosco County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Grant Township took in $1.0 million and spent $923 thousand.

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

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Where it comes from

Township taxes66%State tax money24%Fines and other4.3%Fees for services3.3%County and local tax money3.0%

What stands out

66%

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

Township taxes66%

Property tax
66%$686 thousand
Other taxes
0.2%$2 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$2 thousand

Amounts are by Census tax category.

Fees for services3.3%

Fees for services
3.3%$34 thousand
What's in fees for servicesOther service charges
  • Other service charges$34 thousand

Amounts are by Census type of charge.

State tax money24%

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

From the state
24%$246 thousand

County and local tax money3.0%

Money passed on by the county or other local governments.

From the county and other local governments
3.0%$31 thousand

Fines and other4.3%

Interest, rents and other
4.3%$45 thousand

Where it goes

Running the government and other costs45%Water, sewer, trash and utilities29%Roads, transit and parking11%Police, fire, courts and jails8.7%Sent to other local governments6.2%

What stands out

29%

of Grant Township's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
45%$418 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$238 thousand
  • Central staff services (personnel, purchasing, technology)$104 thousand
  • Finance, tax collection and budgeting$63 thousand
  • Government buildings$13 thousand
Water, sewer, trash and utilities
29%$270 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$270 thousand
Roads, transit and parking
11%$98 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$98 thousand
Police, fire, courts and jails
8.7%$80 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$80 thousand
Sent to other local governments
6.2%$57 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$57 thousand
Sources and moreWhere these numbers come from and what they cover

Grant 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 Grant 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.