Township government · Gogebic County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Wakefield Township took in $274 thousand and spent $278 thousand.

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

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Where it comes from

Township taxes62%State tax money18%Fees for services12%Fines and other5.8%Federal tax money2.2%

What stands out

12%

of Wakefield 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 taxes62%

Property tax
62%$169 thousand
Other taxes
0.4%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services12%

Fees for services
12%$32 thousand
What's in fees for servicesOther service charges
  • Other service charges$32 thousand

Amounts are by Census type of charge.

Federal tax money2.2%

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

From the federal government
2.2%$6 thousand

State tax money18%

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

From the state
18%$50 thousand

Fines and other5.8%

Interest, rents and other
5.8%$16 thousand

Where it goes

Running the government and other costs61%Sent to other local governments21%Roads, transit and parking9.7%Police, fire, courts and jails4.0%Parks, recreation and libraries2.2%Water, sewer, trash and utilities2.2%

What stands out

21%

of Wakefield Township's spending goes to local governments.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
61%$169 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 2 more
  • Central staff services (personnel, purchasing, technology)$60 thousand
  • Government buildings$41 thousand
  • Finance, tax collection and budgeting$36 thousand
  • Other and not broken out$32 thousand
Sent to other local governments
21%$59 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$59 thousand
Roads, transit and parking
9.7%$27 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$27 thousand
Police, fire, courts and jails
4.0%$11 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$10 thousand
  • Courts and legal services$1 thousand
Parks, recreation and libraries
2.2%$6 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$3 thousand
  • Parks and recreation$3 thousand
Water, sewer, trash and utilities
2.2%$6 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$6 thousand
Sources and moreWhere these numbers come from and what they cover

Wakefield 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 Wakefield 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.