Springfield Township derives its annual revenue from several sources including real estate tax, tangible personal property tax (commercial & light industrial only), inheritance tax, local government fund, investment interest, motor vehicle tax, gas tax, fines and grants. Tax rates for township ($20.30 per $1,000 valuation) and county services ($21.06 per $1,000 valuation) in addition to joint vocational district taxes ($2.70 per $1,000, except for Northwest Local School District which has its own vocational schools) are uniform throughout the township. (Valuation for tax purposes is 35% of actual value.) The school district tax rates vary according to the chart below. All rates stated are for the 2004 tax year. 

Princeton School District                                         $49.03 per $1,000
Finneytown School District                                     $87.72 per $1,000
Mt. Healthy School District                                      $68.45 per $1,000
Winton Woods School District                                $78.03 per $1,000
Northwest School District                                       $49.64 per $1,000
North College Hill School District                            $57.47 per $1,000
City of Cincinnati School District                             $60.83 per $1,000

In addition, industrial and commercial properties pay Tangible Property Tax, again based on different rates according to school district.

Springfield Township does not have an Earnings Tax.