Village government · Will County, IL

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

In the latest recorded fiscal year (ended June 30, 2022), Godley took in $250 thousand and spent $205 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

State tax money62%Village taxes28%Fees for services6.0%Fines and other4.0%

What stands out

62%

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

Village taxes28%

Other taxes
24%$59 thousand
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$37 thousand
  • Other selective sales taxes$18 thousand
  • Other licenses$4 thousand

Amounts are by Census tax category.

Property tax
4.8%$12 thousand

Fees for services6.0%

Fees for services
6.0%$15 thousand
What's in fees for servicesOther service charges
  • Other service charges$15 thousand

Amounts are by Census type of charge.

State tax money62%

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

From the state
62%$154 thousand

Fines and other4.0%

Interest, rents and other
4.0%$10 thousand

Where it goes

Running the government and other costs91%Roads, transit and parking8.8%

What stands out

91%

of Godley'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
91%$187 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$187 thousand
Roads, transit and parking
8.8%$18 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$18 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Godley. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 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 Godley 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.