Village government · Hancock County, IL
Ferris's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Ferris took in $44 thousand and spent $46 thousand.
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Where it comes from
What stands out
of Ferris' money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes23%
Fees for services6.8%
What's in fees for servicesParks and recreation; other service charges and 1 more
- Parks and recreation$1 thousand
- Other service charges$1 thousand
- Electric power$1 thousand
Amounts are by Census type of charge.
State tax money70%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Ferris' 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%
What's in running the government and other costsGovernment buildings; central staff services (personnel, purchasing, technology) and 1 more
- Government buildings$22 thousand
- Central staff services (personnel, purchasing, technology)$17 thousand
- Other and not broken out$4 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 Ferris. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 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 Ferris 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.