Township government · Columbiana County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Hanover Township took in $1.3 million and spent $186 thousand.

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

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Where it comes from

Township taxes87%Federal tax money13%Fines and other<0.1%

What stands out

13%

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

Township taxes87%

Property tax
85%$1.1 million
Other taxes
2.1%$27 thousand
What's in other taxesMotor vehicle licenses and alcoholic beverage licenses
  • Motor vehicle licenses$24 thousand
  • Alcoholic beverage licenses$3 thousand

Amounts are by Census tax category.

Federal tax money13%

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

From the federal government
13%$162 thousand

Fines and other<0.1%

Interest, rents and other
<0.1%$1 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Running the government and other costs92%Interest on debt8.1%

Spending by category100%

Running the government and other costs
92%$171 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$171 thousand
Interest on debt
8.1%$15 thousand
Sources and moreWhere these numbers come from and what they cover

Hanover 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 Hanover 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.