Township government · Knox County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Milford Township took in $550 thousand and spent $302 thousand.

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

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Where it comes from

Township taxes83%State tax money17%

What stands out

83%

of Milford Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Township taxes83%

Property tax
83%$454 thousand

State tax money17%

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

From the state
17%$96 thousand

Where it goes

Roads, transit and parking68%Running the government and other costs31%Interest on debt0.7%

What stands out

68%

of Milford Township's spending goes to roads, transit and parking.A typical U.S. township or town of under 10,000 people spends 53%.

Spending by category100%

Roads, transit and parking
68%$205 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$205 thousand
Running the government and other costs
31%$95 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$95 thousand
Interest on debt
0.7%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Milford 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 Milford 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.