Township government · Newaygo 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 $474 thousand and spent $388 thousand.

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

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Where it comes from

State tax money47%Township taxes25%Fines and other22%Fees for services5.5%

What stands out

22%

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 taxes25%

Property tax
19%$92 thousand
Other taxes
5.7%$27 thousand
What's in other taxesOther licenses
  • Other licenses$27 thousand

Amounts are by Census tax category.

Fees for services5.5%

Fees for services
5.5%$26 thousand
What's in fees for servicesOther service charges
  • Other service charges$26 thousand

Amounts are by Census type of charge.

State tax money47%

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

From the state
47%$223 thousand

Fines and other22%

Interest, rents and other
22%$106 thousand

Where it goes

Running the government and other costs52%Police, fire, courts and jails24%Roads, transit and parking24%Parks, recreation and libraries0.5%

What stands out

24%

of Sherman 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%

Running the government and other costs
52%$200 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$93 thousand
  • Central staff services (personnel, purchasing, technology)$58 thousand
  • Finance, tax collection and budgeting$36 thousand
  • Government buildings$13 thousand
Police, fire, courts and jails
24%$94 thousand
What's in police, fire, courts and jailsFire protection and inspections and regulation
  • Fire protection$73 thousand
  • Inspections and regulation$21 thousand
Roads, transit and parking
24%$92 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$92 thousand
Parks, recreation and libraries
0.5%$2 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2 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.