Township government · Trumbull County, OH

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

In the latest recorded fiscal year (ended December 31, 2023), Liberty Township took in $12.6 million and spent $9.6 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Township taxes77%Fines and other22%County and local tax money0.8%State tax money<0.1%Federal tax money<0.1%

What stands out

21%

of Liberty Township's money comes from interest, rents and other revenue.A typical U.S. township or town of 10,000 to 50,000 people gets 3.3%.

Township taxes77%

Property tax
70%$8.9 million
Other taxes
6.7%$843 thousand
What's in other taxesOther selective sales taxes; motor vehicle licenses and 2 more
  • Other selective sales taxes$501 thousand
  • Motor vehicle licenses$167 thousand
  • Public utility taxes$144 thousand
  • Alcoholic beverage licenses$31 thousand

Amounts are by Census tax category.

Federal tax money<0.1%

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

From the federal government
<0.1%$9 thousand

State tax money<0.1%

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

From the state
<0.1%$12 thousand

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$95 thousand

Fines and other22%

Interest, rents and other
21%$2.7 million
Fines
0.4%$54 thousand

Where it goes

Running the government and other costs48%Police, fire, courts and jails37%Roads, transit and parking15%Parks, recreation and libraries0.2%

What stands out

37%

of Liberty Township's spending goes to police, fire, courts and jails.A typical U.S. township or town of 10,000 to 50,000 people spends 16%.

Spending by category100%

Running the government and other costs
48%$4.6 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$4.1 million
  • Government buildings$209 thousand
  • Finance, tax collection and budgeting$146 thousand
  • Central staff services (personnel, purchasing, technology)$122 thousand
Police, fire, courts and jails
37%$3.5 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$2.0 million
  • Fire protection$1.5 million
Roads, transit and parking
15%$1.5 million
What's in roads, transit and parkingToll roads and bridges and roads and highways
  • Toll roads and bridges$1.4 million
  • Roads and highways$128 thousand
Parks, recreation and libraries
0.2%$17 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$17 thousand
Sources and moreWhere these numbers come from and what they cover

Liberty Township. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

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.