City government · Effingham County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Altamont took in $6.8 million and spent $4.8 million.

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

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Where it comes from

Fees for services (electric power, sewer)64%State tax money19%City taxes10%Fines and other7.5%

What stands out

64%

of Altamont's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes10%

Property tax
7.7%$521 thousand
Other taxes
2.4%$164 thousand
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$99 thousand
  • Other licenses$65 thousand

Amounts are by Census tax category.

Fees for services64%

Fees for services
64%$4.3 million
What's in fees for servicesElectric power; sewer and 3 more
  • Electric power$2.7 million
  • Sewer$810 thousand
  • Water$665 thousand
  • Garbage collection$104 thousand
  • Other service charges$9 thousand

Amounts are by Census type of charge.

State tax money19%

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

From the state
19%$1.3 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$3 thousand

Fines and other7.5%

Interest, rents and other
6.6%$448 thousand
Fines
1.0%$65 thousand

Where it goes

Water, sewer, trash and utilities76%Police, fire, courts and jails6.5%Roads, transit and parking6.4%Running the government and other costs4.7%Parks, recreation and libraries4.4%Interest on debt1.7%

What stands out

76%

of Altamont'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
76%$3.7 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$2.8 million
  • Water supply$471 thousand
  • Sewer systems$278 thousand
  • Garbage and solid waste$118 thousand
Police, fire, courts and jails
6.5%$310 thousand
What's in police, fire, courts and jailsPolice
  • Police$310 thousand
Roads, transit and parking
6.4%$305 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$305 thousand
Running the government and other costs
4.7%$226 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$117 thousand
  • Other and not broken out$78 thousand
  • Other government-run businesses$31 thousand
Parks, recreation and libraries
4.4%$210 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$152 thousand
  • Libraries$58 thousand
Interest on debt
1.7%$81 thousand
Sources and moreWhere these numbers come from and what they cover

City of Altamont. 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 City of Altamont 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.