Village government · Montgomery County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Farmersville took in $895 thousand and spent $595 thousand.

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

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Where it comes from

State tax money59%Fees for services (water)32%Village taxes9.1%Fines and other0.9%

What stands out

59%

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

Village taxes9.1%

Property tax
7.8%$70 thousand
Other taxes
1.2%$11 thousand
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$4 thousand
  • Other selective sales taxes$4 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$282 thousand
What's in fees for servicesWater and other service charges
  • Water$263 thousand
  • Other service charges$19 thousand

Amounts are by Census type of charge.

State tax money59%

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

From the state
59%$524 thousand

Fines and other0.9%

Interest, rents and other
0.8%$7 thousand
Fines
0.1%$1 thousand

Where it goes

Running the government and other costs56%Water, sewer, trash and utilities40%Interest on debt3.0%Roads, transit and parking0.5%

What stands out

56%

of Farmersville'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%

Running the government and other costs
56%$336 thousand
What's in running the government and other costsGovernment buildings and central staff services (personnel, purchasing, technology)
  • Government buildings$317 thousand
  • Central staff services (personnel, purchasing, technology)$19 thousand
Water, sewer, trash and utilities
40%$238 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$238 thousand
Interest on debt
3.0%$18 thousand
Roads, transit and parking
0.5%$3 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Farmersville. 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 Farmersville 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.