Village government · McHenry County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Algonquin took in $51.7 million and spent $53.7 million.

Latest recorded year: ended April 30, 2022Comes fromGoes to

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Where it comes from

State tax money31%Village taxes28%Fees for services (sewer, water)28%County and local tax money11%Fines and other2.0%

What stands out

31%

of Algonquin's money comes from state tax money.A typical U.S. city of 10,000 to 50,000 people gets 7%.

Village taxes28%

Other taxes
15%$7.6 million
What's in other taxesOther selective sales taxes; public utility taxes and 1 more
  • Other selective sales taxes$5.3 million
  • Public utility taxes$1.3 million
  • Other licenses$992 thousand

Amounts are by Census tax category.

Property tax
14%$7.0 million

Fees for services28%

Fees for services
28%$14.4 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$7.7 million
  • Water$6.1 million
  • Other service charges$493 thousand
  • Parks and recreation$124 thousand

Amounts are by Census type of charge.

State tax money31%

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

From the state
31%$16.0 million

County and local tax money11%

Money passed on by the county or other local governments.

From the county and other local governments
11%$5.5 million

Fines and other2.0%

Interest, rents and other
1.4%$708 thousand
Fines
0.7%$343 thousand

Where it goes

Running the government and other costs29%Water, sewer, trash and utilities24%Roads, transit and parking22%Police, fire, courts and jails19%Interest on debt2.9%All other spending2.0%

What stands out

22%

of Algonquin's spending goes to roads, transit and parking.A typical U.S. city of 10,000 to 50,000 people spends 10%.

Spending by category100%

Running the government and other costs
29%$15.7 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$14.3 million
  • Other and not broken out$1.4 million
  • Other government-run businesses$36 thousand
Water, sewer, trash and utilities
24%$13.1 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$10.4 million
  • Sewer systems$2.7 million
Roads, transit and parking
22%$12.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$12.0 million
Police, fire, courts and jails
19%$10.3 million
What's in police, fire, courts and jailsPolice
  • Police$10.3 million
Interest on debt
2.9%$1.6 million
Sent to other local governments
1.2%$623 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$623 thousand
Parks, recreation and libraries
0.8%$436 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$436 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Algonquin. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended April 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Algonquin 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.