Township government · Livingston County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Iosco Township took in $1.1 million and spent $642 thousand.

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

See every government that serves your ZIP

Where it comes from

State tax money35%Township taxes34%Federal tax money18%Fees for services11%Fines and other1.4%

What stands out

18%

of Iosco Township's money comes from federal tax money.Most U.S. townships and towns of under 10,000 people get none.

Township taxes34%

Property tax
34%$379 thousand
Other taxes
0.5%$6 thousand
What's in other taxesOther licenses
  • Other licenses$6 thousand

Amounts are by Census tax category.

Fees for services11%

Fees for services
11%$122 thousand
What's in fees for servicesOther service charges
  • Other service charges$122 thousand

Amounts are by Census type of charge.

Federal tax money18%

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

From the federal government
18%$205 thousand

State tax money35%

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

From the state
35%$395 thousand

Fines and other1.4%

Interest, rents and other
1.3%$15 thousand
Fines
<0.1%$1 thousand

Where it goes

Running the government and other costs43%Water, sewer, trash and utilities28%Parks, recreation and libraries15%Roads, transit and parking10%Police, fire, courts and jails2.0%Sent to other local governments1.4%

What stands out

28%

of Iosco 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
43%$276 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 2 more
  • Central staff services (personnel, purchasing, technology)$100 thousand
  • Government buildings$72 thousand
  • Finance, tax collection and budgeting$70 thousand
  • Other and not broken out$34 thousand
Water, sewer, trash and utilities
28%$180 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$180 thousand
Parks, recreation and libraries
15%$98 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$98 thousand
Roads, transit and parking
10%$66 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$66 thousand
Police, fire, courts and jails
2.0%$13 thousand
What's in police, fire, courts and jailsCourts and legal services and fire protection
  • Courts and legal services$10 thousand
  • Fire protection$3 thousand
Sent to other local governments
1.4%$9 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$9 thousand
Sources and moreWhere these numbers come from and what they cover

Iosco 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 Iosco 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.