City government · Mercer County, IL

Aledo's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Aledo took in $7.9 million and spent $7.5 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Fees for services (gas, water)47%State tax money28%Fines and other12%City taxes10%Federal tax money2.9%

What stands out

28%

of Aledo's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes10%

Property tax
8.9%$697 thousand
Other taxes
1.5%$116 thousand
What's in other taxesOther licenses
  • Other licenses$116 thousand

Amounts are by Census tax category.

Fees for services47%

Fees for services
47%$3.7 million
What's in fees for servicesGas; water and 4 more
  • Gas$2.0 million
  • Water$736 thousand
  • Sewer$632 thousand
  • Garbage collection$224 thousand
  • Parks and recreation$79 thousand
  • Other service charges$60 thousand

Amounts are by Census type of charge.

Federal tax money2.9%

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

From the federal government
2.9%$230 thousand

State tax money28%

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

From the state
28%$2.2 million

Fines and other12%

Interest, rents and other
11%$900 thousand
Fines
0.2%$13 thousand

Where it goes

Water, sewer, trash and utilities45%Running the government and other costs27%Roads, transit and parking15%Police, fire, courts and jails10%Parks, recreation and libraries2.2%Interest on debt<0.1%

What stands out

45%

of Aledo's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
45%$3.4 million
What's in water, sewer, trash and utilitiesGas supply; water supply and 1 more
  • Gas supply$1.8 million
  • Water supply$1.1 million
  • Sewer systems$548 thousand
Running the government and other costs
27%$2.0 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$1.0 million
  • Finance, tax collection and budgeting$492 thousand
  • Central staff services (personnel, purchasing, technology)$441 thousand
  • Other government-run businesses$92 thousand
Roads, transit and parking
15%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Police, fire, courts and jails
10%$776 thousand
What's in police, fire, courts and jailsPolice and inspections and regulation
  • Police$761 thousand
  • Inspections and regulation$15 thousand
Parks, recreation and libraries
2.2%$166 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$166 thousand
Interest on debt
<0.1%$4 thousand
Sources and moreWhere these numbers come from and what they cover

City of Aledo. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Aledo 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.