Township government · Cheboygan County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Inverness Township took in $1.1 million and spent $1.1 million.

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

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Where it comes from

Township taxes45%Fees for services (sewer, garbage collection)29%State tax money21%Fines and other4.3%

What stands out

29%

of Inverness 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 taxes45%

Property tax
45%$507 thousand

Fees for services29%

Fees for services
29%$330 thousand
What's in fees for servicesSewer; garbage collection and 1 more
  • Sewer$268 thousand
  • Garbage collection$36 thousand
  • Other service charges$26 thousand

Amounts are by Census type of charge.

State tax money21%

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

From the state
21%$241 thousand

Fines and other4.3%

Interest, rents and other
4.3%$48 thousand

Where it goes

Police, fire, courts and jails32%Roads, transit and parking25%Running the government and other costs23%Sent to other local governments8.1%Interest on debt6.8%All other spending4.8%

What stands out

32%

of Inverness 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
32%$339 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$339 thousand
Roads, transit and parking
25%$270 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$270 thousand
Running the government and other costs
23%$247 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$84 thousand
  • Other and not broken out$67 thousand
  • Finance, tax collection and budgeting$58 thousand
  • Government buildings$38 thousand
Sent to other local governments
8.1%$86 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$86 thousand
Interest on debt
6.8%$72 thousand
Water, sewer, trash and utilities
4.7%$50 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste; sewer systems and 1 more
  • Garbage and solid waste$34 thousand
  • Sewer systems$15 thousand
  • Water supply$1 thousand
Parks, recreation and libraries
<0.1%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Inverness 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 Inverness 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.