Township government · Keweenaw County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Sherman Township took in $213 thousand and spent $169 thousand.

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

See every government that serves your ZIP

Where it comes from

Fines and other31%Township taxes28%Fees for services (water, sewer)26%State tax money14%Federal tax money1.4%

What stands out

26%

of Sherman 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 taxes28%

Property tax
28%$60 thousand

Fees for services26%

Fees for services
26%$55 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$26 thousand
  • Sewer$19 thousand
  • Other service charges$10 thousand

Amounts are by Census type of charge.

Federal tax money1.4%

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

From the federal government
1.4%$3 thousand

State tax money14%

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

From the state
14%$30 thousand

Fines and other31%

Interest, rents and other
31%$65 thousand

Where it goes

Running the government and other costs43%Water, sewer, trash and utilities23%Police, fire, courts and jails20%Interest on debt10%Parks, recreation and libraries4.1%

What stands out

23%

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%

Running the government and other costs
43%$73 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$45 thousand
  • Finance, tax collection and budgeting$12 thousand
  • Central staff services (personnel, purchasing, technology)$12 thousand
  • Government buildings$4 thousand
Water, sewer, trash and utilities
23%$39 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$39 thousand
Police, fire, courts and jails
20%$33 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$33 thousand
Interest on debt
10%$17 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$12 thousand
  • Interest on general debt$5 thousand
Parks, recreation and libraries
4.1%$7 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$7 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 March 31, 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.