Village government · Edgar County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Brocton took in $219 thousand and spent $129 thousand.

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

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Where it comes from

Fees for services (water)45%State tax money43%Federal tax money9.1%Village taxes2.7%

What stands out

43%

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

Village taxes2.7%

Property tax
2.3%$5 thousand
Other taxes
0.5%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services45%

Fees for services
45%$99 thousand
What's in fees for servicesWater and other service charges
  • Water$85 thousand
  • Other service charges$14 thousand

Amounts are by Census type of charge.

Federal tax money9.1%

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

From the federal government
9.1%$20 thousand

State tax money43%

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

From the state
43%$94 thousand

Where it goes

Running the government and other costs39%Water, sewer, trash and utilities29%Interest on debt12%Police, fire, courts and jails7.0%Roads, transit and parking4.7%All other spending8.5%

What stands out

12%

of Brocton's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Running the government and other costs
39%$50 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$49 thousand
  • Other and not broken out$1 thousand
Water, sewer, trash and utilities
29%$38 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$38 thousand
Interest on debt
12%$15 thousand
Police, fire, courts and jails
7.0%$9 thousand
What's in police, fire, courts and jailsPolice
  • Police$9 thousand
Roads, transit and parking
4.7%$6 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6 thousand
Sent to other local governments
4.7%$6 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$6 thousand
Parks, recreation and libraries
3.9%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Brocton. 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 Brocton 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.