Township government · McHenry County, ND

Cottonwood Lake Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Cottonwood Lake Township took in $24 thousand and spent $6 thousand.

Latest recorded year: ended December 31, 2021Comes from Goes to

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Where it comes from

Fines and other50%Township taxes33%State tax money17%

What stands out

50%

of Cottonwood Lake Township's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Township taxes33%

Property tax

33%$8 thousand

State tax money17%

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

From the state

17%$4 thousand

Fines and other50%

Interest, rents and other

50%$12 thousand

Where it goes

Sent to other local governments67%Running the government and other costs33%

What stands out

67%

of Cottonwood Lake 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%

Sent to other local governments

67%$4 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$4 thousand

Running the government and other costs

33%$2 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)$1 thousand
Other and not broken out$1 thousand

Sources and moreWhere these numbers come from and what they cover

Cottonwood Lake 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 Cottonwood Lake 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.