Township government · Bradford County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Troy Township took in $994 thousand and spent $894 thousand.

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

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Where it comes from

State tax money45%Township taxes27%Federal tax money19%Fines and other4.8%County and local tax money3.6%Fees for services0.5%

What stands out

19%

of Troy Township's money comes from federal tax money.Most U.S. townships and towns of under 10,000 people get none.

Township taxes27%

Individual income tax
15%$151 thousand
Property tax
9.4%$93 thousand
Other taxes
2.9%$29 thousand
What's in other taxesReal estate and stock transfer taxes
  • Real estate and stock transfer taxes$29 thousand

Amounts are by Census tax category.

Fees for services0.5%

Fees for services
0.5%$5 thousand
What's in fees for servicesOther service charges and other government-run businesses
  • Other service charges$4 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

Federal tax money19%

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

From the federal government
19%$185 thousand

State tax money45%

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

From the state
45%$447 thousand

County and local tax money3.6%

Money passed on by the county or other local governments.

From the county and other local governments
3.6%$36 thousand

Fines and other4.8%

Interest, rents and other
4.2%$42 thousand
Fines
0.6%$6 thousand

Where it goes

Roads, transit and parking73%Running the government and other costs21%Police, fire, courts and jails5.7%Water, sewer, trash and utilities1.0%Parks, recreation and libraries0.1%

What stands out

73%

of Troy 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
73%$649 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$649 thousand
Running the government and other costs
21%$184 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
  • Other and not broken out$124 thousand
  • Central staff services (personnel, purchasing, technology)$39 thousand
  • Finance, tax collection and budgeting$9 thousand
  • Government buildings$9 thousand
  • Other government-run businesses$3 thousand
Police, fire, courts and jails
5.7%$51 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$50 thousand
  • Courts and legal services$1 thousand
Water, sewer, trash and utilities
1.0%$9 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$9 thousand
Parks, recreation and libraries
0.1%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Troy 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 Troy 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.