City government · Vermilion County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Georgetown took in $3.2 million and spent $4.6 million.

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

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Where it comes from

Fees for services (sewer, water)50%State tax money33%City taxes15%Fines and other2.5%County and local tax money0.2%

What stands out

33%

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

City taxes15%

Property tax
8.1%$259 thousand
Sales tax
3.6%$116 thousand
Other taxes
3.4%$109 thousand
What's in other taxesOther selective sales taxes; public utility taxes and 1 more
  • Other selective sales taxes$64 thousand
  • Public utility taxes$31 thousand
  • Other licenses$14 thousand

Amounts are by Census tax category.

Fees for services50%

Fees for services
50%$1.6 million
What's in fees for servicesSewer; water and 1 more
  • Sewer$815 thousand
  • Water$766 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

State tax money33%

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

From the state
33%$1.0 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$5 thousand

Fines and other2.5%

Interest, rents and other
2.3%$72 thousand
Fines
0.3%$9 thousand

Where it goes

Roads, transit and parking52%Running the government and other costs31%Water, sewer, trash and utilities9.1%Interest on debt6.4%Parks, recreation and libraries1.9%

What stands out

52%

of Georgetown's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
52%$2.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.4 million
Running the government and other costs
31%$1.4 million
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$1.2 million
  • Central staff services (personnel, purchasing, technology)$245 thousand
Water, sewer, trash and utilities
9.1%$421 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$421 thousand
Interest on debt
6.4%$297 thousand
Parks, recreation and libraries
1.9%$89 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$89 thousand
Sources and moreWhere these numbers come from and what they cover

City of Georgetown. 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 Georgetown 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.