City government · DeKalb County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Genoa took in $6.0 million and spent $5.0 million.

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

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Where it comes from

State tax money36%Fees for services (sewer, water)29%City taxes24%Fines and other10%

What stands out

36%

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

City taxes24%

Property tax
15%$904 thousand
Other taxes
9.0%$541 thousand
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$334 thousand
  • Other selective sales taxes$131 thousand
  • Other licenses$76 thousand

Amounts are by Census tax category.

Fees for services29%

Fees for services
29%$1.8 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$777 thousand
  • Water$723 thousand
  • Garbage collection$246 thousand
  • Other service charges$8 thousand

Amounts are by Census type of charge.

State tax money36%

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

From the state
36%$2.2 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$2 thousand

Fines and other10%

Interest, rents and other
9.5%$572 thousand
Fines
1.0%$58 thousand

Where it goes

Police, fire, courts and jails34%Water, sewer, trash and utilities31%Roads, transit and parking15%Running the government and other costs13%Sent to other local governments4.0%Interest on debt3.3%

What stands out

34%

of Genoa's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
34%$1.7 million
What's in police, fire, courts and jailsPolice
  • Police$1.7 million
Water, sewer, trash and utilities
31%$1.5 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$677 thousand
  • Water supply$604 thousand
  • Garbage and solid waste$256 thousand
Roads, transit and parking
15%$765 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$765 thousand
Running the government and other costs
13%$624 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$266 thousand
  • Finance, tax collection and budgeting$164 thousand
  • Government buildings$106 thousand
  • Other and not broken out$88 thousand
Sent to other local governments
4.0%$199 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$199 thousand
Interest on debt
3.3%$164 thousand
Sources and moreWhere these numbers come from and what they cover

City of Genoa. 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 Genoa 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.