Township government · Knox County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Liberty Township took in $778 thousand and spent $385 thousand.

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

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Where it comes from

Township taxes85%Federal tax money12%County and local tax money3.1%

What stands out

21%

of Liberty Township's money comes from taxes other than property, sales and income taxes.Most U.S. townships and towns of under 10,000 people get none.

Township taxes85%

Property tax
64%$499 thousand
Other taxes
21%$161 thousand
What's in other taxesMotor fuel taxes and motor vehicle licenses
  • Motor fuel taxes$139 thousand
  • Motor vehicle licenses$22 thousand

Amounts are by Census tax category.

Federal tax money12%

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

From the federal government
12%$94 thousand

County and local tax money3.1%

Money passed on by the county or other local governments.

From the county and other local governments
3.1%$24 thousand

Where it goes

Police, fire, courts and jails77%Roads, transit and parking21%Interest on debt2.6%

What stands out

77%

of Liberty 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%

Police, fire, courts and jails
77%$295 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$295 thousand
Roads, transit and parking
21%$80 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$80 thousand
Interest on debt
2.6%$10 thousand
Sources and moreWhere these numbers come from and what they cover

Liberty 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 Liberty 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.