Township government · Aitkin County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Spencer Township took in $183 thousand and spent $169 thousand.

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

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Where it comes from

Township taxes61%State tax money21%Federal tax money15%Fines and other2.7%

What stands out

15%

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

Township taxes61%

Property tax
61%$112 thousand

Federal tax money15%

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

From the federal government
15%$28 thousand

State tax money21%

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

From the state
21%$38 thousand

Fines and other2.7%

Interest, rents and other
2.7%$5 thousand

Where it goes

Roads, transit and parking58%Running the government and other costs25%Police, fire, courts and jails17%

What stands out

17%

of Spencer 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
58%$98 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$98 thousand
Running the government and other costs
25%$43 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)$30 thousand
  • Other and not broken out$10 thousand
  • Other government-run businesses$3 thousand
Police, fire, courts and jails
17%$28 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$28 thousand
Sources and moreWhere these numbers come from and what they cover

Spencer 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 Spencer 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.