Village government · Woodford County, IL

Bay View Gardens's money: where it comes from and where it goes

In the latest recorded fiscal year (ended March 31, 2022), Bay View Gardens took in $235 thousand and spent $117 thousand.

Latest recorded year: ended March 31, 2022Comes fromGoes to

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Where it comes from

State tax money57%Fines and other21%Federal tax money12%Village taxes11%

What stands out

57%

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

Village taxes11%

Property tax
9.8%$23 thousand
Other taxes
0.9%$2 thousand
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$1 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Federal tax money12%

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

From the federal government
12%$28 thousand

State tax money57%

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

From the state
57%$133 thousand

Fines and other21%

Interest, rents and other
21%$49 thousand

Where it goes

Running the government and other costs87%Police, fire, courts and jails10%Roads, transit and parking2.6%

What stands out

87%

of Bay View Gardens' spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
87%$102 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$102 thousand
Police, fire, courts and jails
10%$12 thousand
What's in police, fire, courts and jailsPolice
  • Police$12 thousand
Roads, transit and parking
2.6%$3 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 Bay View Gardens. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Bay View Gardens 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.