Township government · Midland County, MI

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

In the latest recorded fiscal year (ended June 30, 2022), Hope Township took in $1.0 million and spent $1.4 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Fines and other43%Township taxes25%State tax money15%Fees for services (garbage collection)14%Federal tax money2.3%

What stands out

43%

of Hope 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 taxes25%

Property tax
25%$254 thousand
Other taxes
0.2%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services14%

Fees for services
14%$148 thousand
What's in fees for servicesGarbage collection and other service charges
  • Garbage collection$137 thousand
  • Other service charges$11 thousand

Amounts are by Census type of charge.

Federal tax money2.3%

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

From the federal government
2.3%$24 thousand

State tax money15%

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

From the state
15%$152 thousand

Fines and other43%

Interest, rents and other
43%$445 thousand
Fines
<0.1%$1 thousand

Where it goes

Roads, transit and parking29%Sent to other local governments18%Running the government and other costs18%Police, fire, courts and jails12%Interest on debt11%All other spending12%

What stands out

18%

of Hope Township's spending goes to local governments.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
29%$417 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$417 thousand
Sent to other local governments
18%$261 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$261 thousand
Running the government and other costs
18%$260 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)$134 thousand
  • Finance, tax collection and budgeting$62 thousand
  • Other and not broken out$40 thousand
  • Government buildings$24 thousand
Police, fire, courts and jails
12%$173 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$138 thousand
  • Courts and legal services$35 thousand
Interest on debt
11%$158 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$148 thousand
  • Interest on general debt$10 thousand
Water, sewer, trash and utilities
8.8%$127 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$127 thousand
Parks, recreation and libraries
3.1%$44 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$41 thousand
  • Libraries$3 thousand
Sources and moreWhere these numbers come from and what they cover

Hope Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Hope 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.