Township government · Venango County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Victory Township took in $172 thousand and spent $157 thousand.

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

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Where it comes from

Township taxes47%State tax money39%Federal tax money12%Fines and other2.3%

What stands out

21%

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

Township taxes47%

Property tax
24%$42 thousand
Individual income tax
21%$36 thousand
Other taxes
1.7%$3 thousand
What's in other taxesReal estate and stock transfer taxes and occupation and business licenses
  • Real estate and stock transfer taxes$2 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Federal tax money12%

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

From the federal government
12%$20 thousand

State tax money39%

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

From the state
39%$67 thousand

Fines and other2.3%

Interest, rents and other
1.7%$3 thousand
Fines
0.6%$1 thousand

Where it goes

Running the government and other costs45%Roads, transit and parking45%Police, fire, courts and jails11%

What stands out

45%

of Victory 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%

Running the government and other costs
45%$70 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$32 thousand
  • Other and not broken out$18 thousand
  • Government buildings$16 thousand
  • Finance, tax collection and budgeting$4 thousand
Roads, transit and parking
45%$70 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$70 thousand
Police, fire, courts and jails
11%$17 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$9 thousand
  • Fire protection$6 thousand
  • Courts and legal services$2 thousand
Sources and moreWhere these numbers come from and what they cover

Victory 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 Victory 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.