Village government · Cook County, IL

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

In the latest recorded fiscal year (ended April 30, 2024), Crestwood took in $26.2 million and spent $30.3 million.

Latest recorded year: ended April 30, 2024Comes fromGoes to

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Where it comes from

State tax money54%Fees for services (water, parks and recreation)21%Village taxes17%Fines and other7.5%

What stands out

54%

of Crestwood's money comes from state tax money.A typical U.S. city of 10,000 to 50,000 people gets 7%.

Village taxes17%

Property tax
15%$3.9 million
Other taxes
2.4%$632 thousand
What's in other taxesOther licenses
  • Other licenses$632 thousand

Amounts are by Census tax category.

Fees for services21%

Fees for services
21%$5.6 million
What's in fees for servicesWater; other service charges and 1 more
  • Water$3.8 million
  • Other service charges$1.0 million
  • Parks and recreation$783 thousand

Amounts are by Census type of charge.

State tax money54%

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

From the state
54%$14.1 million

Fines and other7.5%

Fines
5.9%$1.6 million
Interest, rents and other
1.5%$401 thousand

Where it goes

Police, fire, courts and jails26%Water, sewer, trash and utilities23%Running the government and other costs16%Roads, transit and parking11%Interest on debt8.4%All other spending16%

What stands out

7.7%

of Crestwood's spending goes to local governments.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Police, fire, courts and jails
26%$7.8 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$4.3 million
  • Fire protection$3.5 million
Water, sewer, trash and utilities
23%$6.9 million
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$5.9 million
  • Garbage and solid waste$995 thousand
Running the government and other costs
16%$5.0 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$3.5 million
  • Central staff services (personnel, purchasing, technology)$894 thousand
  • Other and not broken out$551 thousand
Roads, transit and parking
11%$3.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.3 million
Interest on debt
8.4%$2.5 million
Parks, recreation and libraries
8.0%$2.4 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2.4 million
Sent to other local governments
7.7%$2.3 million
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$2.3 million
Sources and moreWhere these numbers come from and what they cover

Village of Crestwood. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended April 30, 2024.

What this covers. The money of Village of Crestwood 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.