Township government · Bradford County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Albany Township took in $586 thousand and spent $458 thousand.

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

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Where it comes from

State tax money57%Township taxes32%Federal tax money8.0%Fines and other2.6%Fees for services0.2%

What stands out

13%

of Albany Township's money comes from a personal income tax.Most U.S. townships and towns of under 10,000 people get none.

Township taxes32%

Property tax
16%$96 thousand
Individual income tax
13%$77 thousand
Other taxes
2.6%$15 thousand
What's in other taxesReal estate and stock transfer taxes
  • Real estate and stock transfer taxes$15 thousand

Amounts are by Census tax category.

Fees for services0.2%

Fees for services
0.2%$1 thousand
What's in fees for servicesOther service charges
  • Other service charges$1 thousand

Amounts are by Census type of charge.

Federal tax money8.0%

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

From the federal government
8.0%$47 thousand

State tax money57%

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

From the state
57%$335 thousand

Fines and other2.6%

Interest, rents and other
2.0%$12 thousand
Fines
0.5%$3 thousand

Where it goes

Roads, transit and parking64%Running the government and other costs34%Police, fire, courts and jails2.6%

What stands out

34%

of Albany 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%

Roads, transit and parking
64%$291 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$291 thousand
Running the government and other costs
34%$155 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$92 thousand
  • Finance, tax collection and budgeting$39 thousand
  • Central staff services (personnel, purchasing, technology)$20 thousand
  • Government buildings$4 thousand
Police, fire, courts and jails
2.6%$12 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$12 thousand
Sources and moreWhere these numbers come from and what they cover

Albany 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 Albany 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.