Village government · Champaign County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Gifford took in $1.3 million and spent $1.2 million.

Latest recorded year: ended March 31, 2022Estimated by the U.S. Census BureauComes fromGoes to

See every government that serves your ZIP

Where it comes from

State tax money61%Fees for services (water, sewer)22%Village taxes11%Fines and other6.1%

What stands out

61%

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

Village taxes11%

Property tax
8.4%$113 thousand
Other taxes
3.0%$40 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$24 thousand
  • Other licenses$16 thousand

Amounts are by Census tax category.

Fees for services22%

Fees for services
22%$292 thousand
What's in fees for servicesWater and sewer
  • Water$148 thousand
  • Sewer$144 thousand

Amounts are by Census type of charge.

State tax money61%

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

From the state
61%$816 thousand

Fines and other6.1%

Interest, rents and other
6.0%$80 thousand
Fines
0.1%$2 thousand

Where it goes

Water, sewer, trash and utilities44%Roads, transit and parking25%Running the government and other costs17%Police, fire, courts and jails13%Parks, recreation and libraries1.1%Interest on debt0.2%

What stands out

25%

of Gifford'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%

Water, sewer, trash and utilities
44%$505 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$327 thousand
  • Water supply$178 thousand
Roads, transit and parking
25%$283 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$283 thousand
Running the government and other costs
17%$197 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$141 thousand
  • Central staff services (personnel, purchasing, technology)$56 thousand
Police, fire, courts and jails
13%$153 thousand
What's in police, fire, courts and jailsPolice
  • Police$153 thousand
Parks, recreation and libraries
1.1%$13 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$13 thousand
Interest on debt
0.2%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Gifford. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Gifford 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.