Village government · Madison County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Godfrey took in $12.6 million and spent $11.7 million.

Latest recorded year: ended March 31, 2022Comes fromGoes to

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Where it comes from

State tax money74%Federal tax money9.4%Village taxes6.7%Fines and other4.7%Fees for services (parks and recreation)4.7%

What stands out

74%

of Godfrey's money comes from state tax money.A typical U.S. city of 10,000 to 50,000 people gets 7%.

Village taxes6.7%

Property tax
5.9%$741 thousand
Other taxes
0.8%$95 thousand
What's in other taxesOther licenses and other selective sales taxes
  • Other licenses$92 thousand
  • Other selective sales taxes$3 thousand

Amounts are by Census tax category.

Fees for services4.7%

Fees for services
4.7%$591 thousand
What's in fees for servicesOther service charges and parks and recreation
  • Other service charges$366 thousand
  • Parks and recreation$225 thousand

Amounts are by Census type of charge.

Federal tax money9.4%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
9.4%$1.2 million

State tax money74%

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

From the state
74%$9.3 million

Fines and other4.7%

Interest, rents and other
4.7%$592 thousand
Fines
<0.1%$4 thousand

Where it goes

Roads, transit and parking40%Police, fire, courts and jails26%Parks, recreation and libraries24%Running the government and other costs9.6%

What stands out

40%

of Godfrey's spending goes to roads, transit and parking.A typical U.S. city of 10,000 to 50,000 people spends 10%.

Spending by category100%

Roads, transit and parking
40%$4.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$4.7 million
Police, fire, courts and jails
26%$3.1 million
What's in police, fire, courts and jailsPolice
  • Police$3.1 million
Parks, recreation and libraries
24%$2.8 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2.8 million
Running the government and other costs
9.6%$1.1 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$566 thousand
  • Finance, tax collection and budgeting$328 thousand
  • Other and not broken out$231 thousand
Social services
<0.1%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Godfrey. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Godfrey 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.