Village government · Grundy County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Diamond took in $3.2 million and spent $1.8 million.

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

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Where it comes from

Fees for services (water, sewer)44%State tax money32%Village taxes18%Federal tax money5.3%Fines and other1.0%

What stands out

32%

of Diamond'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
10%$328 thousand
Other taxes
7.6%$246 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$166 thousand
  • Other licenses$80 thousand

Amounts are by Census tax category.

Fees for services44%

Fees for services
44%$1.4 million
What's in fees for servicesWater; sewer and 2 more
  • Water$644 thousand
  • Sewer$591 thousand
  • Garbage collection$133 thousand
  • Other service charges$53 thousand

Amounts are by Census type of charge.

Federal tax money5.3%

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

From the federal government
5.3%$171 thousand

State tax money32%

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

From the state
32%$1.0 million

Fines and other1.0%

Interest, rents and other
1.0%$33 thousand

Where it goes

Water, sewer, trash and utilities40%Running the government and other costs37%Roads, transit and parking11%Interest on debt6.1%Police, fire, courts and jails5.1%Parks, recreation and libraries0.6%

What stands out

37%

of Diamond's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Water, sewer, trash and utilities
40%$734 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$317 thousand
  • Sewer systems$219 thousand
  • Garbage and solid waste$198 thousand
Running the government and other costs
37%$688 thousand
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$645 thousand
  • Central staff services (personnel, purchasing, technology)$42 thousand
  • Other and not broken out$1 thousand
Roads, transit and parking
11%$205 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$205 thousand
Interest on debt
6.1%$113 thousand
Police, fire, courts and jails
5.1%$95 thousand
What's in police, fire, courts and jailsPolice
  • Police$95 thousand
Parks, recreation and libraries
0.6%$11 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$11 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Diamond. 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 Diamond 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.