Village government · Grundy County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Braceville took in $869 thousand and spent $657 thousand.

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

See every government that serves your ZIP

Where it comes from

State tax money31%Village taxes29%Fines and other24%Fees for services (garbage collection)8.9%Federal tax money6.7%

What stands out

24%

of Braceville's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

Village taxes29%

Other taxes
20%$177 thousand
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$151 thousand
  • Other selective sales taxes$21 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Property tax
8.9%$77 thousand

Fees for services8.9%

Fees for services
8.9%$77 thousand
What's in fees for servicesGarbage collection and other service charges
  • Garbage collection$76 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

Federal tax money6.7%

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

From the federal government
6.7%$58 thousand

State tax money31%

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

From the state
31%$268 thousand

Fines and other24%

Interest, rents and other
24%$212 thousand

Where it goes

Running the government and other costs32%Roads, transit and parking31%Water, sewer, trash and utilities30%Police, fire, courts and jails5.8%Interest on debt0.8%

What stands out

31%

of Braceville's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Running the government and other costs
32%$211 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$211 thousand
Roads, transit and parking
31%$204 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$204 thousand
Water, sewer, trash and utilities
30%$199 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$101 thousand
  • Garbage and solid waste$74 thousand
  • Sewer systems$24 thousand
Police, fire, courts and jails
5.8%$38 thousand
What's in police, fire, courts and jailsPolice
  • Police$38 thousand
Interest on debt
0.8%$5 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Braceville. 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 Braceville 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.