Village government · Bureau County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Cherry took in $364 thousand and spent $242 thousand.

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

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Where it comes from

State tax money45%Fees for services (water, garbage collection)23%Village taxes18%Federal tax money8.5%Fines and other5.2%

What stands out

45%

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

Village taxes18%

Property tax
13%$49 thousand
Other taxes
4.7%$17 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$15 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services23%

Fees for services
23%$84 thousand
What's in fees for servicesWater and garbage collection
  • Water$68 thousand
  • Garbage collection$16 thousand

Amounts are by Census type of charge.

Federal tax money8.5%

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

From the federal government
8.5%$31 thousand

State tax money45%

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

From the state
45%$164 thousand

Fines and other5.2%

Interest, rents and other
3.3%$12 thousand
Fines
1.9%$7 thousand

Where it goes

Water, sewer, trash and utilities36%Roads, transit and parking26%Running the government and other costs25%Parks, recreation and libraries8.3%Police, fire, courts and jails5.4%

What stands out

26%

of Cherry'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%

Water, sewer, trash and utilities
36%$86 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$51 thousand
  • Garbage and solid waste$35 thousand
Roads, transit and parking
26%$63 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$63 thousand
Running the government and other costs
25%$60 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$35 thousand
  • Finance, tax collection and budgeting$11 thousand
  • Government buildings$10 thousand
  • Other and not broken out$4 thousand
Parks, recreation and libraries
8.3%$20 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$12 thousand
  • Libraries$8 thousand
Police, fire, courts and jails
5.4%$13 thousand
What's in police, fire, courts and jailsPolice
  • Police$13 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Cherry. 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 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.