Township government · Centre County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Liberty Township took in $640 thousand and spent $467 thousand.

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

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Where it comes from

Township taxes53%State tax money25%Federal tax money17%Fines and other3.9%Fees for services0.6%

What stands out

23%

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

Township taxes53%

Individual income tax
23%$150 thousand
Property tax
19%$121 thousand
Other taxes
11%$71 thousand
What's in other taxesReal estate and stock transfer taxes; public utility licenses and 1 more
  • Real estate and stock transfer taxes$41 thousand
  • Public utility licenses$24 thousand
  • Occupation and business licenses$6 thousand

Amounts are by Census tax category.

Fees for services0.6%

Fees for services
0.6%$4 thousand
What's in fees for servicesOther service charges
  • Other service charges$4 thousand

Amounts are by Census type of charge.

Federal tax money17%

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

From the federal government
17%$110 thousand

State tax money25%

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

From the state
25%$159 thousand

Fines and other3.9%

Interest, rents and other
3.1%$20 thousand
Fines
0.8%$5 thousand

Where it goes

Roads, transit and parking59%Running the government and other costs35%Police, fire, courts and jails3.4%Water, sewer, trash and utilities1.3%Interest on debt0.9%

What stands out

35%

of Liberty 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
59%$276 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$276 thousand
Running the government and other costs
35%$165 thousand
What's in running the government and other costsGovernment buildings; central staff services (personnel, purchasing, technology) and 2 more
  • Government buildings$62 thousand
  • Central staff services (personnel, purchasing, technology)$53 thousand
  • Other and not broken out$35 thousand
  • Finance, tax collection and budgeting$15 thousand
Police, fire, courts and jails
3.4%$16 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$13 thousand
  • Courts and legal services$3 thousand
Water, sewer, trash and utilities
1.3%$6 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$6 thousand
Interest on debt
0.9%$4 thousand
Sources and moreWhere these numbers come from and what they cover

Liberty 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 Liberty 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.