Township government · Iron County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Stambaugh Township took in $845 thousand and spent $683 thousand.

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

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Where it comes from

Township taxes38%Fees for services (water, sewer)35%State tax money21%Fines and other4.6%Federal tax money1.3%County and local tax money0.2%

What stands out

35%

of Stambaugh 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 taxes38%

Property tax
38%$320 thousand
Other taxes
0.5%$4 thousand
What's in other taxesOther licenses
  • Other licenses$4 thousand

Amounts are by Census tax category.

Fees for services35%

Fees for services
35%$294 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$275 thousand
  • Sewer$13 thousand
  • Other service charges$5 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

Federal tax money1.3%

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

From the federal government
1.3%$11 thousand

State tax money21%

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

From the state
21%$175 thousand

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$2 thousand

Fines and other4.6%

Interest, rents and other
4.6%$39 thousand

Where it goes

Running the government and other costs62%Water, sewer, trash and utilities28%Sent to other local governments7.2%Police, fire, courts and jails3.4%

What stands out

28%

of Stambaugh 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
62%$422 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$215 thousand
  • Central staff services (personnel, purchasing, technology)$109 thousand
  • Finance, tax collection and budgeting$82 thousand
  • Government buildings$16 thousand
Water, sewer, trash and utilities
28%$189 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$189 thousand
Sent to other local governments
7.2%$49 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$49 thousand
Police, fire, courts and jails
3.4%$23 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$22 thousand
  • Police$1 thousand
Sources and moreWhere these numbers come from and what they cover

Stambaugh 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 Stambaugh 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.