City government · McDonough County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Colchester took in $1.7 million and spent $1.4 million.

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

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Where it comes from

Fees for services (water, sewer)41%State tax money30%Federal tax money16%City taxes11%Fines and other1.7%

What stands out

16%

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

City taxes11%

Property tax
10%$171 thousand
Other taxes
1.4%$23 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$14 thousand
  • Other licenses$9 thousand

Amounts are by Census tax category.

Fees for services41%

Fees for services
41%$693 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$302 thousand
  • Sewer$264 thousand
  • Garbage collection$117 thousand
  • Parks and recreation$10 thousand

Amounts are by Census type of charge.

Federal tax money16%

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

From the federal government
16%$268 thousand

State tax money30%

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

From the state
30%$515 thousand

Fines and other1.7%

Interest, rents and other
1.1%$19 thousand
Fines
0.6%$10 thousand

Where it goes

Water, sewer, trash and utilities34%Running the government and other costs19%Roads, transit and parking18%Social services15%Police, fire, courts and jails8.9%All other spending5.4%

What stands out

15%

of Colchester's spending goes to social services.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
34%$472 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$263 thousand
  • Garbage and solid waste$115 thousand
  • Sewer systems$94 thousand
Running the government and other costs
19%$260 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$179 thousand
  • Other and not broken out$43 thousand
  • Government buildings$38 thousand
Roads, transit and parking
18%$253 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$253 thousand
Social services
15%$204 thousand
What's in social servicesOther public welfare
  • Other public welfare$204 thousand
Police, fire, courts and jails
8.9%$124 thousand
What's in police, fire, courts and jailsPolice
  • Police$124 thousand
Interest on debt
3.7%$52 thousand
Parks, recreation and libraries
1.7%$23 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$23 thousand
Sources and moreWhere these numbers come from and what they cover

City of Colchester. 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 City of Colchester 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.