Township government · Branch County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Sherwood Township took in $339 thousand and spent $310 thousand.

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

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Where it comes from

State tax money55%Township taxes29%Fines and other10%Fees for services (garbage collection)5.6%

What stands out

55%

of Sherwood Township's money comes from state tax money.A typical U.S. township or town of under 10,000 people gets 19%.

Township taxes29%

Property tax
23%$78 thousand
Other taxes
5.6%$19 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$19 thousand

Amounts are by Census tax category.

Fees for services5.6%

Fees for services
5.6%$19 thousand
What's in fees for servicesOther service charges and garbage collection
  • Other service charges$11 thousand
  • Garbage collection$8 thousand

Amounts are by Census type of charge.

State tax money55%

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

From the state
55%$188 thousand

Fines and other10%

Interest, rents and other
10%$35 thousand

Where it goes

Running the government and other costs78%Police, fire, courts and jails22%Parks, recreation and libraries0.3%

What stands out

78%

of Sherwood 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
78%$241 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$106 thousand
  • Central staff services (personnel, purchasing, technology)$70 thousand
  • Finance, tax collection and budgeting$49 thousand
  • Government buildings$16 thousand
Police, fire, courts and jails
22%$68 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$68 thousand
Parks, recreation and libraries
0.3%$1 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$1 thousand
Sources and moreWhere these numbers come from and what they cover

Sherwood 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 Sherwood 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.