Township government · Gladwin County, MI

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

In the latest recorded fiscal year (ended June 30, 2022), Sherman Township took in $390 thousand and spent $362 thousand.

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

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Where it comes from

Fines and other45%State tax money33%Township taxes18%Fees for services4.9%

What stands out

45%

of Sherman 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 taxes18%

Property tax
18%$69 thousand

Fees for services4.9%

Fees for services
4.9%$19 thousand
What's in fees for servicesOther service charges
  • Other service charges$19 thousand

Amounts are by Census type of charge.

State tax money33%

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

From the state
33%$127 thousand

Fines and other45%

Interest, rents and other
45%$175 thousand

Where it goes

Water, sewer, trash and utilities32%Running the government and other costs31%Roads, transit and parking17%Police, fire, courts and jails10%Sent to other local governments10%

What stands out

32%

of Sherman 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%

Water, sewer, trash and utilities
32%$117 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$117 thousand
Running the government and other costs
31%$111 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
  • Finance, tax collection and budgeting$42 thousand
  • Other and not broken out$35 thousand
  • Central staff services (personnel, purchasing, technology)$28 thousand
  • Government buildings$6 thousand
Roads, transit and parking
17%$60 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$60 thousand
Police, fire, courts and jails
10%$37 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$37 thousand
Sent to other local governments
10%$37 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$37 thousand
Sources and moreWhere these numbers come from and what they cover

Sherman 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 Sherman 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.