Township government · Traverse County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Folsom Township took in $36 thousand and spent $34 thousand.

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

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Where it comes from

State tax money53%Township taxes47%

What stands out

53%

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

Township taxes47%

Property tax
47%$17 thousand

State tax money53%

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

From the state
53%$19 thousand

Where it goes

Roads, transit and parking53%Running the government and other costs38%Police, fire, courts and jails5.9%Health and hospitals2.9%

What stands out

38%

of Folsom 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
53%$18 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$18 thousand
Running the government and other costs
38%$13 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$11 thousand
  • Central staff services (personnel, purchasing, technology)$2 thousand
Police, fire, courts and jails
5.9%$2 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$2 thousand
Health and hospitals
2.9%$1 thousand
What's in health and hospitalsPublic health
  • Public health$1 thousand
Sources and moreWhere these numbers come from and what they cover

Folsom 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 Folsom 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.