Township government · Marion County, OH
Prospect Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Prospect Township took in $328 thousand and spent $238 thousand.
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Where it comes from
What stands out
of Prospect 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 taxes75%
What's in other taxesMotor fuel taxes; motor vehicle licenses and 2 more
- Motor fuel taxes$139 thousand
- Motor vehicle licenses$7 thousand
- Alcoholic beverage taxes$2 thousand
- Alcoholic beverage licenses$1 thousand
Amounts are by Census tax category.
Fees for services4.9%
What's in fees for servicesOther government-run businesses
- Other government-run businesses$16 thousand
Amounts are by Census type of charge.
Federal tax money16%
Grants from Washington, paid for by the federal taxes residents also pay.
County and local tax money4.3%
Money passed on by the county or other local governments.
Where it goes
What stands out
of Prospect Township's spending goes to running the government and other costs.A typical U.S. township or town of under 10,000 people spends 23%.
Spending by category100%
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
- Other and not broken out$180 thousand
- Central staff services (personnel, purchasing, technology)$26 thousand
- Finance, tax collection and budgeting$16 thousand
- Other government-run businesses$16 thousand
Sources and moreWhere these numbers come from and what they cover
Prospect 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 Prospect 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.