City government · Boone County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Belvidere took in $31.7 million and spent $29.0 million.

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

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Where it comes from

State tax money44%City taxes32%Fees for services (sewer, water)19%Fines and other3.8%County and local tax money0.3%

What stands out

44%

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

City taxes32%

Property tax
19%$6.1 million
Other taxes
13%$4.1 million
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$2.5 million
  • Other selective sales taxes$1.1 million
  • Other licenses$588 thousand

Amounts are by Census tax category.

Fees for services19%

Fees for services
19%$6.2 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$3.3 million
  • Water$2.2 million
  • Other service charges$628 thousand
  • Parks and recreation$38 thousand

Amounts are by Census type of charge.

State tax money44%

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

From the state
44%$14.0 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$100 thousand

Fines and other3.8%

Fines
2.0%$648 thousand
Interest, rents and other
1.8%$564 thousand

Where it goes

Police, fire, courts and jails42%Water, sewer, trash and utilities23%Running the government and other costs15%Roads, transit and parking12%Interest on debt4.4%All other spending3.6%

What stands out

42%

of Belvidere's spending goes to police, fire, courts and jails.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Police, fire, courts and jails
42%$12.1 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$7.5 million
  • Fire protection$4.6 million
Water, sewer, trash and utilities
23%$6.8 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$4.2 million
  • Water supply$1.9 million
  • Garbage and solid waste$645 thousand
Running the government and other costs
15%$4.2 million
What's in running the government and other costsFinance, tax collection and budgeting and other and not broken out
  • Finance, tax collection and budgeting$2.7 million
  • Other and not broken out$1.5 million
Roads, transit and parking
12%$3.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.6 million
Interest on debt
4.4%$1.3 million
Parks, recreation and libraries
3.1%$894 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$894 thousand
Social services
0.5%$137 thousand
What's in social servicesOther public welfare
  • Other public welfare$137 thousand
Health and hospitals
<0.1%$3 thousand
What's in health and hospitalsPublic health
  • Public health$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Belvidere. 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 Belvidere 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.