Township government · Huntingdon County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Wood Township took in $174 thousand and spent $112 thousand.

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

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Where it comes from

Township taxes43%State tax money24%Federal tax money20%Fees for services (sewer)6.9%County and local tax money4.0%Fines and other1.7%

What stands out

27%

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

Township taxes43%

Individual income tax
27%$47 thousand
Property tax
12%$21 thousand
Other taxes
4.0%$7 thousand
What's in other taxesReal estate and stock transfer taxes
  • Real estate and stock transfer taxes$7 thousand

Amounts are by Census tax category.

Fees for services6.9%

Fees for services
6.9%$12 thousand
What's in fees for servicesSewer and other service charges
  • Sewer$10 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

Federal tax money20%

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

From the federal government
20%$35 thousand

State tax money24%

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

From the state
24%$42 thousand

County and local tax money4.0%

Money passed on by the county or other local governments.

From the county and other local governments
4.0%$7 thousand

Fines and other1.7%

Interest, rents and other
1.1%$2 thousand
Fines
0.6%$1 thousand

Where it goes

Running the government and other costs46%Roads, transit and parking44%Water, sewer, trash and utilities3.6%Police, fire, courts and jails2.7%Parks, recreation and libraries2.7%Environment and natural resources0.9%

What stands out

46%

of Wood 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
46%$52 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$29 thousand
  • Central staff services (personnel, purchasing, technology)$10 thousand
  • Government buildings$10 thousand
  • Finance, tax collection and budgeting$3 thousand
Roads, transit and parking
44%$49 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$49 thousand
Water, sewer, trash and utilities
3.6%$4 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$2 thousand
  • Garbage and solid waste$2 thousand
Police, fire, courts and jails
2.7%$3 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$3 thousand
Parks, recreation and libraries
2.7%$3 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$3 thousand
Environment and natural resources
0.9%$1 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Wood 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 Wood 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.