Village government · Hancock County, IL
Basco's money: where it comes from and where it goes
In the latest recorded fiscal year (ended April 30, 2022), Basco took in $47 thousand and spent $12 thousand.
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Where it comes from
What stands out
of Basco's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes2.1%
What's in other taxesOther licenses
- Other licenses$1 thousand
Amounts are by Census tax category.
State tax money96%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other2.1%
Where it goes
What stands out
of Basco's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.
Spending by category100%
What's in running the government and other costsGovernment buildings
- Government buildings$5 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$4 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$3 thousand
Sources and moreWhere these numbers come from and what they cover
Village of Basco. 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 Basco 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.