Township government · Newaygo County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Troy Township took in $85 thousand and spent $74 thousand.

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

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Where it comes from

Township taxes48%State tax money38%Fines and other13%Fees for services1.2%

What stands out

13%

of Troy 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 taxes48%

Property tax
48%$41 thousand

Fees for services1.2%

Fees for services
1.2%$1 thousand
What's in fees for servicesOther service charges
  • Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money38%

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

From the state
38%$32 thousand

Fines and other13%

Interest, rents and other
13%$11 thousand

Where it goes

Running the government and other costs58%Police, fire, courts and jails26%Roads, transit and parking8.1%Sent to other local governments8.1%

What stands out

58%

of Troy 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
58%$43 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$15 thousand
  • Central staff services (personnel, purchasing, technology)$13 thousand
  • Finance, tax collection and budgeting$10 thousand
  • Government buildings$5 thousand
Police, fire, courts and jails
26%$19 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$19 thousand
Roads, transit and parking
8.1%$6 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6 thousand
Sent to other local governments
8.1%$6 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$6 thousand
Sources and moreWhere these numbers come from and what they cover

Troy 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 Troy 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.