Village government · Lee County, IL

Franklin Grove's money: where it comes from and where it goes

In the latest recorded fiscal year (ended April 30, 2022), Franklin Grove took in $1.1 million and spent $823 thousand.

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

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Where it comes from

Fees for services (sewer, water)33%State tax money32%Fines and other26%Village taxes9.0%

What stands out

25%

of Franklin Grove's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

Village taxes9.0%

Property tax
7.0%$80 thousand
Other taxes
2.0%$23 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$13 thousand
  • Public utility taxes$10 thousand

Amounts are by Census tax category.

Fees for services33%

Fees for services
33%$380 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$164 thousand
  • Water$136 thousand
  • Garbage collection$80 thousand

Amounts are by Census type of charge.

State tax money32%

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

From the state
32%$368 thousand

Fines and other26%

Interest, rents and other
25%$291 thousand
Fines
0.3%$4 thousand

Where it goes

Water, sewer, trash and utilities38%Parks, recreation and libraries31%Running the government and other costs13%Roads, transit and parking12%Police, fire, courts and jails7.5%

What stands out

31%

of Franklin Grove's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
38%$309 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$132 thousand
  • Sewer systems$104 thousand
  • Garbage and solid waste$73 thousand
Parks, recreation and libraries
31%$254 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$242 thousand
  • Parks and recreation$12 thousand
Running the government and other costs
13%$103 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$103 thousand
Roads, transit and parking
12%$95 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$95 thousand
Police, fire, courts and jails
7.5%$62 thousand
What's in police, fire, courts and jailsPolice
  • Police$62 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Franklin Grove. 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 Franklin Grove 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.