Township government · Iron County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Hematite Township took in $377 thousand and spent $315 thousand.

Latest recorded year: ended March 31, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Township taxes36%Fees for services (water)36%State tax money25%Fines and other2.1%

What stands out

36%

of Hematite Township's money comes from fees for services such as water, sewer and parking.Most U.S. townships and towns of under 10,000 people get none.

Township taxes36%

Property tax
36%$135 thousand
Other taxes
0.5%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services36%

Fees for services
36%$136 thousand
What's in fees for servicesWater and other service charges
  • Water$123 thousand
  • Other service charges$13 thousand

Amounts are by Census type of charge.

State tax money25%

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

From the state
25%$96 thousand

Fines and other2.1%

Interest, rents and other
2.1%$8 thousand

Where it goes

Running the government and other costs49%Water, sewer, trash and utilities33%Roads, transit and parking9.5%Police, fire, courts and jails4.1%Interest on debt2.5%Parks, recreation and libraries1.9%

What stands out

33%

of Hematite 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
49%$154 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)$56 thousand
  • Finance, tax collection and budgeting$48 thousand
  • Government buildings$31 thousand
  • Other and not broken out$19 thousand
Water, sewer, trash and utilities
33%$104 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$104 thousand
Roads, transit and parking
9.5%$30 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$30 thousand
Police, fire, courts and jails
4.1%$13 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$12 thousand
  • Police$1 thousand
Interest on debt
2.5%$8 thousand
Parks, recreation and libraries
1.9%$6 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$6 thousand
Sources and moreWhere these numbers come from and what they cover

Hematite Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Hematite 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.