Village government · Sangamon County, IL

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

In the latest recorded fiscal year (ended May 31, 2022), Buffalo took in $353 thousand and spent $152 thousand.

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

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Where it comes from

State tax money41%Village taxes23%Fees for services21%Fines and other15%

What stands out

41%

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

Village taxes23%

Other taxes
15%$53 thousand
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$31 thousand
  • Other selective sales taxes$21 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Property tax
8.2%$29 thousand

Fees for services21%

Fees for services
21%$73 thousand
What's in fees for servicesOther service charges
  • Other service charges$73 thousand

Amounts are by Census type of charge.

State tax money41%

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

From the state
41%$145 thousand

Fines and other15%

Interest, rents and other
15%$53 thousand

Where it goes

Roads, transit and parking38%Running the government and other costs34%Police, fire, courts and jails28%

What stands out

38%

of Buffalo'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%

Roads, transit and parking
38%$58 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$58 thousand
Running the government and other costs
34%$52 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)$43 thousand
  • Other and not broken out$9 thousand
Police, fire, courts and jails
28%$42 thousand
What's in police, fire, courts and jailsPolice
  • Police$42 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Buffalo. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended May 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 Buffalo 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.