Township government · McHenry County, ND

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

In the latest recorded fiscal year (ended December 31, 2021), Velva Township took in $30 thousand and spent $30 thousand.

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

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Where it comes from

Fines and other40%Township taxes37%State tax money23%

What stands out

40%

of Velva 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 taxes37%

Property tax
37%$11 thousand

State tax money23%

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

From the state
23%$7 thousand

Fines and other40%

Interest, rents and other
40%$12 thousand

Where it goes

Roads, transit and parking57%Running the government and other costs30%Sent to other local governments13%

What stands out

13%

of Velva 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%

Roads, transit and parking
57%$17 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$17 thousand
Running the government and other costs
30%$9 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)$5 thousand
  • Other and not broken out$4 thousand
Sent to other local governments
13%$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
Sources and moreWhere these numbers come from and what they cover

Velva 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 Velva 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.