Township government · Lorain County, OH

New Russia Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), New Russia Township took in $1.7 million and spent $124 thousand.

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

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Where it comes from

Fines and other68%Township taxes19%Federal tax money6.0%Fees for services3.7%County and local tax money3.0%

What stands out

68%

of New Russia 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 taxes19%

Property tax
10%$172 thousand
Other taxes
8.6%$146 thousand
What's in other taxesMotor fuel taxes; motor vehicle licenses and 1 more
  • Motor fuel taxes$139 thousand
  • Motor vehicle licenses$5 thousand
  • Alcoholic beverage licenses$2 thousand

Amounts are by Census tax category.

Fees for services3.7%

Fees for services
3.7%$62 thousand
What's in fees for servicesOther government-run businesses and other service charges
  • Other government-run businesses$40 thousand
  • Other service charges$22 thousand

Amounts are by Census type of charge.

Federal tax money6.0%

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

From the federal government
6.0%$102 thousand

County and local tax money3.0%

Money passed on by the county or other local governments.

From the county and other local governments
3.0%$51 thousand

Fines and other68%

Interest, rents and other
68%$1.2 million

Where it goes

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

Roads, transit and parking88%Interest on debt12%

Spending by category100%

Roads, transit and parking
88%$109 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$109 thousand
Interest on debt
12%$15 thousand
Sources and moreWhere these numbers come from and what they cover

New Russia 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 New Russia 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.