Township government · St Louis County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Fairbanks Township took in $57 thousand and spent $45 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Township taxes47%Federal tax money25%State tax money25%Fines and other3.5%

What stands out

25%

of Fairbanks Township's money comes from federal tax money.Most U.S. townships and towns of under 10,000 people get none.

Township taxes47%

Property tax
47%$27 thousand

Federal tax money25%

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

From the federal government
25%$14 thousand

State tax money25%

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

From the state
25%$14 thousand

Fines and other3.5%

Interest, rents and other
3.5%$2 thousand

Where it goes

Roads, transit and parking56%Running the government and other costs36%Police, fire, courts and jails8.9%

What stands out

36%

of Fairbanks 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%

Roads, transit and parking
56%$25 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$25 thousand
Running the government and other costs
36%$16 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$11 thousand
  • Other and not broken out$4 thousand
  • Other government-run businesses$1 thousand
Police, fire, courts and jails
8.9%$4 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$4 thousand
Sources and moreWhere these numbers come from and what they cover

Fairbanks Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Fairbanks 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.