Village government · Pike County, IL

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

In the latest recorded fiscal year (ended June 30, 2022), Florence took in $26 thousand and spent $15 thousand.

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

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Where it comes from

State tax money77%Fines and other19%Village taxes3.8%

What stands out

77%

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

Village taxes3.8%

Other taxes
3.8%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

State tax money77%

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

From the state
77%$20 thousand

Fines and other19%

Interest, rents and other
19%$5 thousand

Where it goes

Running the government and other costs100%

What stands out

100%

of Florence'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
100%$15 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$15 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Florence. 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 Florence 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.