Township government · Venango County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Canal Township took in $487 thousand and spent $520 thousand.

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

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Where it comes from

Township taxes31%State tax money29%County and local tax money24%Federal tax money10%Fines and other5.1%

What stands out

24%

of Canal Township's money comes from county and other local tax money.Most U.S. townships and towns of under 10,000 people get none.

Township taxes31%

Individual income tax
18%$86 thousand
Property tax
12%$58 thousand
Other taxes
1.8%$9 thousand
What's in other taxesReal estate and stock transfer taxes and occupation and business licenses
  • Real estate and stock transfer taxes$8 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Federal tax money10%

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

From the federal government
10%$49 thousand

State tax money29%

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

From the state
29%$143 thousand

County and local tax money24%

Money passed on by the county or other local governments.

From the county and other local governments
24%$117 thousand

Fines and other5.1%

Interest, rents and other
4.7%$23 thousand
Fines
0.4%$2 thousand

Where it goes

Roads, transit and parking76%Running the government and other costs20%Police, fire, courts and jails2.5%Water, sewer, trash and utilities0.8%Parks, recreation and libraries0.2%

What stands out

76%

of Canal 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%

Roads, transit and parking
76%$396 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$396 thousand
Running the government and other costs
20%$106 thousand
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$50 thousand
  • Government buildings$28 thousand
  • Central staff services (personnel, purchasing, technology)$19 thousand
  • Finance, tax collection and budgeting$9 thousand
Police, fire, courts and jails
2.5%$13 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$12 thousand
  • Courts and legal services$1 thousand
Water, sewer, trash and utilities
0.8%$4 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$4 thousand
Parks, recreation and libraries
0.2%$1 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$1 thousand
Sources and moreWhere these numbers come from and what they cover

Canal 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 Canal 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.