Village government · Piatt County, IL

Cerro Gordo's money: where it comes from and where it goes

In the latest recorded fiscal year (ended April 30, 2022), Cerro Gordo took in $1.5 million and spent $698 thousand.

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

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Where it comes from

State tax money32%Village taxes23%Fees for services (water, sewer)23%Fines and other22%

What stands out

22%

of Cerro Gordo'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 taxes23%

Property tax
15%$232 thousand
Other taxes
8.3%$127 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$99 thousand
  • Other licenses$28 thousand

Amounts are by Census tax category.

Fees for services23%

Fees for services
23%$352 thousand
What's in fees for servicesWater and sewer
  • Water$237 thousand
  • Sewer$115 thousand

Amounts are by Census type of charge.

State tax money32%

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

From the state
32%$484 thousand

Fines and other22%

Interest, rents and other
22%$336 thousand

Where it goes

Water, sewer, trash and utilities37%Running the government and other costs24%Roads, transit and parking18%Police, fire, courts and jails11%Interest on debt7.9%Parks, recreation and libraries1.9%

What stands out

7.9%

of Cerro Gordo'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%

Water, sewer, trash and utilities
37%$256 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$173 thousand
  • Sewer systems$83 thousand
Running the government and other costs
24%$166 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)$157 thousand
  • Other and not broken out$9 thousand
Roads, transit and parking
18%$128 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$128 thousand
Police, fire, courts and jails
11%$80 thousand
What's in police, fire, courts and jailsPolice
  • Police$80 thousand
Interest on debt
7.9%$55 thousand
Parks, recreation and libraries
1.9%$13 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$13 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Cerro Gordo. 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 Cerro Gordo 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.