City government · Henry County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Galva took in $5.4 million and spent $4.1 million.

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

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Where it comes from

City taxes40%Fees for services (water, garbage collection)31%State tax money26%Fines and other3.4%

What stands out

39%

of Galva's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes40%

Property tax
39%$2.1 million
Other taxes
0.4%$24 thousand
What's in other taxesOther licenses
  • Other licenses$24 thousand

Amounts are by Census tax category.

Fees for services31%

Fees for services
31%$1.7 million
What's in fees for servicesWater; other service charges and 1 more
  • Water$1.1 million
  • Other service charges$382 thousand
  • Garbage collection$219 thousand

Amounts are by Census type of charge.

State tax money26%

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

From the state
26%$1.4 million

Fines and other3.4%

Interest, rents and other
2.2%$118 thousand
Fines
1.2%$63 thousand

Where it goes

Running the government and other costs39%Water, sewer, trash and utilities27%Police, fire, courts and jails21%Roads, transit and parking11%Interest on debt1.8%All other spending0.8%

What stands out

39%

of Galva'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
39%$1.6 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$1.2 million
  • Finance, tax collection and budgeting$315 thousand
  • Other government-run businesses$50 thousand
Water, sewer, trash and utilities
27%$1.1 million
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$879 thousand
  • Garbage and solid waste$216 thousand
Police, fire, courts and jails
21%$851 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$519 thousand
  • Fire protection$332 thousand
Roads, transit and parking
11%$459 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$459 thousand
Interest on debt
1.8%$75 thousand
Parks, recreation and libraries
0.6%$26 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$26 thousand
Sent to other local governments
0.1%$5 thousand
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$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Galva. 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 City of Galva 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.