City government · Pope County, IL

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

In the latest recorded fiscal year (ended April 30, 2024), Golconda took in $1.1 million and spent $978 thousand.

Latest recorded year: ended April 30, 2024Comes fromGoes to

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Where it comes from

State tax money39%Fees for services (water)35%Fines and other12%City taxes8.1%Federal tax money5.6%County and local tax money0.5%

What stands out

39%

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

City taxes8.1%

Property tax
6.7%$72 thousand
Other taxes
1.4%$15 thousand
What's in other taxesOther licenses; other selective sales taxes and 1 more
  • Other licenses$10 thousand
  • Other selective sales taxes$4 thousand
  • Public utility taxes$1 thousand

Amounts are by Census tax category.

Fees for services35%

Fees for services
35%$380 thousand
What's in fees for servicesWater
  • Water$380 thousand

Amounts are by Census type of charge.

Federal tax money5.6%

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

From the federal government
5.6%$60 thousand

State tax money39%

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

From the state
39%$416 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$5 thousand

Fines and other12%

Interest, rents and other
12%$124 thousand
Fines
0.2%$2 thousand

Where it goes

Water, sewer, trash and utilities40%Running the government and other costs35%Parks, recreation and libraries21%Roads, transit and parking1.9%Police, fire, courts and jails1.7%Interest on debt0.1%

What stands out

21%

of Golconda's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
40%$394 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$394 thousand
Running the government and other costs
35%$340 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$340 thousand
Parks, recreation and libraries
21%$207 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$180 thousand
  • Libraries$27 thousand
Roads, transit and parking
1.9%$19 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$19 thousand
Police, fire, courts and jails
1.7%$17 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$12 thousand
  • Fire protection$5 thousand
Interest on debt
0.1%$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Golconda. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended April 30, 2024.

What this covers. The money of City of Golconda 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.