Village government · Winnebago County, IL

Cherry Valley's money: where it comes from and where it goes

In the latest recorded fiscal year (ended April 30, 2022), Cherry Valley took in $8.6 million and spent $7.7 million.

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

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Where it comes from

Village taxes52%State tax money28%Fees for services (water)11%Fines and other5.8%County and local tax money2.9%

What stands out

47%

of Cherry Valley's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes52%

Sales tax
47%$4.0 million
Other taxes
3.5%$297 thousand
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$278 thousand
  • Other licenses$19 thousand

Amounts are by Census tax category.

Property tax
1.1%$91 thousand

Fees for services11%

Fees for services
11%$962 thousand
What's in fees for servicesWater and other service charges
  • Water$913 thousand
  • Other service charges$49 thousand

Amounts are by Census type of charge.

State tax money28%

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

From the state
28%$2.4 million

County and local tax money2.9%

Money passed on by the county or other local governments.

From the county and other local governments
2.9%$250 thousand

Fines and other5.8%

Interest, rents and other
4.2%$364 thousand
Fines
1.6%$135 thousand

Where it goes

Police, fire, courts and jails46%Running the government and other costs27%Roads, transit and parking12%Water, sewer, trash and utilities9.4%Interest on debt4.8%Parks, recreation and libraries0.5%

What stands out

46%

of Cherry Valley's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
46%$3.6 million
What's in police, fire, courts and jailsPolice
  • Police$3.6 million
Running the government and other costs
27%$2.1 million
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)$1.4 million
  • Other and not broken out$681 thousand
Roads, transit and parking
12%$887 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$887 thousand
Water, sewer, trash and utilities
9.4%$724 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$724 thousand
Interest on debt
4.8%$365 thousand
Parks, recreation and libraries
0.5%$42 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$42 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Cherry Valley. 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 Cherry Valley 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.