City government · McLean County, IL

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

In the latest recorded fiscal year (ended April 30, 2024), Bloomington took in $217 million and spent $205 million.

Latest recorded year: ended April 30, 2024Comes fromGoes to

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Where it comes from

City taxes38%State tax money29%Fees for services (sewer, water)27%Fines and other4.9%County and local tax money0.9%

What stands out

29%

of Bloomington's money comes from state tax money.A typical U.S. city of 50,000+ people gets 6.4%.

City taxes38%

Property tax
13%$28.6 million
Sales tax
13%$27.5 million
Other taxes
13%$27.4 million
What's in other taxesOther selective sales taxes; public utility taxes and 1 more
  • Other selective sales taxes$20.2 million
  • Public utility taxes$5.5 million
  • Other licenses$1.7 million

Amounts are by Census tax category.

Fees for services27%

Fees for services
27%$58.9 million
What's in fees for servicesOther service charges; sewer and 2 more
  • Other service charges$25.6 million
  • Sewer$16.7 million
  • Water$16.6 million
  • Parks and recreation$9 thousand

Amounts are by Census type of charge.

State tax money29%

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

From the state
29%$62.5 million

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$1.9 million

Fines and other4.9%

Interest, rents and other
4.4%$9.6 million
Fines
0.5%$1.1 million

Where it goes

Police, fire, courts and jails34%Running the government and other costs24%Parks, recreation and libraries18%Water, sewer, trash and utilities13%Roads, transit and parking5.3%All other spending5.8%

What stands out

18%

of Bloomington's spending goes to parks, recreation and libraries.A typical U.S. city of 50,000+ people spends 6.4%.

Spending by category100%

Police, fire, courts and jails
34%$69.2 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$40.0 million
  • Fire protection$29.1 million
Running the government and other costs
24%$50.1 million
What's in running the government and other costsGovernment buildings; other and not broken out and 1 more
  • Government buildings$27.9 million
  • Other and not broken out$21.1 million
  • Central staff services (personnel, purchasing, technology)$1.1 million
Parks, recreation and libraries
18%$36.6 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$27.0 million
  • Libraries$9.6 million
Water, sewer, trash and utilities
13%$26.4 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$22.0 million
  • Sewer systems$2.4 million
  • Garbage and solid waste$2.0 million
Roads, transit and parking
5.3%$10.9 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$10.9 million
Interest on debt
5.3%$10.8 million
Housing and community development
0.6%$1.1 million
Sources and moreWhere these numbers come from and what they cover

City of Bloomington. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended April 30, 2024.

What this covers. The money of City of Bloomington 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.