Township government · Benzie County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Homestead Township took in $666 thousand and spent $639 thousand.

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

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Where it comes from

State tax money35%Township taxes33%Fines and other27%County and local tax money4.7%Fees for services0.8%

What stands out

27%

of Homestead Township's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Township taxes33%

Property tax
32%$216 thousand
Other taxes
0.3%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services0.8%

Fees for services
0.8%$5 thousand
What's in fees for servicesOther service charges
  • Other service charges$5 thousand

Amounts are by Census type of charge.

State tax money35%

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

From the state
35%$233 thousand

County and local tax money4.7%

Money passed on by the county or other local governments.

From the county and other local governments
4.7%$31 thousand

Fines and other27%

Interest, rents and other
27%$179 thousand

Where it goes

Police, fire, courts and jails48%Running the government and other costs38%Parks, recreation and libraries9.2%Roads, transit and parking2.2%Sent to other local governments1.1%Interest on debt0.9%

What stands out

48%

of Homestead Township's spending goes to police, fire, courts and jails.A typical U.S. township or town of under 10,000 people spends 6.7%.

Spending by category100%

Police, fire, courts and jails
48%$307 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$307 thousand
Running the government and other costs
38%$246 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)$125 thousand
  • Finance, tax collection and budgeting$61 thousand
  • Other and not broken out$38 thousand
  • Government buildings$22 thousand
Parks, recreation and libraries
9.2%$59 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$59 thousand
Roads, transit and parking
2.2%$14 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$14 thousand
Sent to other local governments
1.1%$7 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$7 thousand
Interest on debt
0.9%$6 thousand
Sources and moreWhere these numbers come from and what they cover

Homestead 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 Homestead 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.