City government · Kane County, IL

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

In the latest recorded fiscal year (ended December 31, 2023), Elgin took in $259 million and spent $223 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

City taxes36%Fees for services (water, parks and recreation)27%State tax money25%Fines and other7.9%Federal tax money3.6%County and local tax money0.4%

What stands out

25%

of Elgin's money comes from state tax money.A typical U.S. city of 50,000+ people gets 6.4%.

City taxes36%

Property tax
21%$55.6 million
Sales tax
7.7%$20.0 million
Other taxes
7.3%$18.9 million
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$8.4 million
  • Other selective sales taxes$6.1 million
  • Other licenses$4.5 million

Amounts are by Census tax category.

Fees for services27%

Fees for services
27%$69.0 million
What's in fees for servicesWater; other service charges and 3 more
  • Water$29.1 million
  • Other service charges$16.8 million
  • Parks and recreation$8.9 million
  • Garbage collection$7.7 million
  • Sewer$6.5 million

Amounts are by Census type of charge.

Federal tax money3.6%

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

From the federal government
3.6%$9.3 million

State tax money25%

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

From the state
25%$64.7 million

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$1.1 million

Fines and other7.9%

Interest, rents and other
7.3%$19.0 million
Fines
0.6%$1.5 million

Where it goes

Police, fire, courts and jails40%Water, sewer, trash and utilities22%Running the government and other costs14%Parks, recreation and libraries11%Roads, transit and parking6.0%All other spending6.4%

What stands out

5%

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

Spending by category100%

Police, fire, courts and jails
40%$90.1 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$56.0 million
  • Fire protection$34.1 million
Water, sewer, trash and utilities
22%$48.2 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$38.1 million
  • Garbage and solid waste$8.4 million
  • Sewer systems$1.6 million
Running the government and other costs
14%$31.9 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 3 more
  • Central staff services (personnel, purchasing, technology)$14.3 million
  • Other and not broken out$13.2 million
  • Finance, tax collection and budgeting$2.5 million
  • Government buildings$1.2 million
  • Other government-run businesses$643 thousand
Parks, recreation and libraries
11%$25.0 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$25.0 million
Roads, transit and parking
6.0%$13.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$13.4 million
Sent to other local governments
5.0%$11.1 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$11.1 million
Interest on debt
0.8%$1.7 million
Social services
0.6%$1.4 million
What's in social servicesOther public welfare
  • Other public welfare$1.4 million
Sources and moreWhere these numbers come from and what they cover

City of Elgin. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Elgin 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.