Township government · Medina County, OH
Spencer Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Spencer Township took in $707 thousand and spent $480 thousand.
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Where it comes from
What stands out
of Spencer 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 taxes68%
What's in other taxesMotor fuel taxes and motor vehicle licenses
- Motor fuel taxes$139 thousand
- Motor vehicle licenses$16 thousand
Amounts are by Census tax category.
Federal tax money15%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money15%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other2.4%
Where it goes
What stands out
of Spencer 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%
What's in roads, transit and parkingRoads and highways
- Roads and highways$428 thousand
What's in running the government and other costsFinance, tax collection and budgeting and other and not broken out
- Finance, tax collection and budgeting$44 thousand
- Other and not broken out$8 thousand
Sources and moreWhere these numbers come from and what they cover
Spencer 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 Spencer 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.