Township government · Iosco County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Reno Township took in $170 thousand and spent $131 thousand.

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

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Where it comes from

State tax money37%Township taxes25%Federal tax money18%Fines and other15%Fees for services5.9%

What stands out

18%

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

Township taxes25%

Property tax
24%$41 thousand
Other taxes
0.6%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services5.9%

Fees for services
5.9%$10 thousand
What's in fees for servicesOther service charges
  • Other service charges$10 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%$30 thousand

State tax money37%

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

From the state
37%$63 thousand

Fines and other15%

Interest, rents and other
15%$25 thousand

Where it goes

Running the government and other costs83%Roads, transit and parking17%

What stands out

83%

of Reno Township's spending goes to running the government and other costs.A typical U.S. township or town of under 10,000 people spends 23%.

Spending by category100%

Running the government and other costs
83%$109 thousand
What's in running the government and other costsGovernment buildings; central staff services (personnel, purchasing, technology) and 2 more
  • Government buildings$36 thousand
  • Central staff services (personnel, purchasing, technology)$28 thousand
  • Finance, tax collection and budgeting$26 thousand
  • Other and not broken out$19 thousand
Roads, transit and parking
17%$22 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$22 thousand
Sources and moreWhere these numbers come from and what they cover

Reno 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 Reno 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.