Village government · McHenry County, IL
Greenwood's money: where it comes from and where it goes
In the latest recorded fiscal year (ended April 30, 2022), Greenwood took in $67 thousand and spent $46 thousand.
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Where it comes from
What stands out
of Greenwood's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes7.5%
What's in other taxesPublic utility taxes and other licenses
- Public utility taxes$4 thousand
- Other licenses$1 thousand
Amounts are by Census tax category.
State tax money93%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Greenwood'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%
What's in roads, transit and parkingRoads and highways
- Roads and highways$45 thousand
What's in police, fire, courts and jailsInspections and regulation
- Inspections and regulation$1 thousand
Sources and moreWhere these numbers come from and what they cover
Village of Greenwood. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended April 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 Greenwood 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.