Township government · Madison County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Somerford Township took in $390 thousand and spent $444 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Township taxes92%State tax money6.9%Fines and other0.8%

What stands out

9.5%

of Somerford 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 taxes92%

Property tax
83%$323 thousand
Other taxes
9.5%$37 thousand
What's in other taxesOther licenses
  • Other licenses$37 thousand

Amounts are by Census tax category.

State tax money6.9%

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

From the state
6.9%$27 thousand

Fines and other0.8%

Interest, rents and other
0.8%$3 thousand

Where it goes

Running the government and other costs39%Roads, transit and parking26%Police, fire, courts and jails23%Health and hospitals11%Interest on debt0.2%

What stands out

11%

of Somerford Township's spending goes to health services and hospitals.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
39%$172 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 2 more
  • Central staff services (personnel, purchasing, technology)$107 thousand
  • Government buildings$61 thousand
  • Other and not broken out$3 thousand
  • Finance, tax collection and budgeting$1 thousand
Roads, transit and parking
26%$117 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$117 thousand
Police, fire, courts and jails
23%$104 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$104 thousand
Health and hospitals
11%$50 thousand
What's in health and hospitalsPublic health
  • Public health$50 thousand
Interest on debt
0.2%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Somerford Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Somerford 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.