Township government · Kanabec County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Peace Township took in $195 thousand and spent $208 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Township taxes69%State tax money29%Fees for services1.5%Fines and other0.5%

What stands out

68%

of Peace Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Township taxes69%

Property tax
68%$133 thousand
Other taxes
1.0%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services1.5%

Fees for services
1.5%$3 thousand
What's in fees for servicesOther service charges
  • Other service charges$3 thousand

Amounts are by Census type of charge.

State tax money29%

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

From the state
29%$56 thousand

Fines and other0.5%

Interest, rents and other
0.5%$1 thousand

Where it goes

Roads, transit and parking62%Running the government and other costs20%Police, fire, courts and jails18%

What stands out

18%

of Peace Township's spending goes to police, fire, courts and jails.A typical U.S. township or town of under 10,000 people spends 6.7%.

Spending by category100%

Roads, transit and parking
62%$129 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$129 thousand
Running the government and other costs
20%$41 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$38 thousand
  • Other and not broken out$3 thousand
Police, fire, courts and jails
18%$38 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$38 thousand
Sources and moreWhere these numbers come from and what they cover

Peace Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Peace 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.