Village government · Putnam County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Hennepin took in $816 thousand and spent $560 thousand.

Latest recorded year: ended April 30, 2022Comes fromGoes to

See every government that serves your ZIP

Where it comes from

State tax money65%Village taxes17%Fines and other7.6%Federal tax money7.2%Fees for services (housing)2.5%

What stands out

65%

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

Village taxes17%

Property tax
16%$134 thousand
Other taxes
1.0%$8 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$6 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services2.5%

Fees for services
2.5%$20 thousand
What's in fees for servicesHousing
  • Housing$20 thousand

Amounts are by Census type of charge.

Federal tax money7.2%

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

From the federal government
7.2%$59 thousand

State tax money65%

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

From the state
65%$533 thousand

Fines and other7.6%

Interest, rents and other
7.6%$62 thousand

Where it goes

Roads, transit and parking48%Running the government and other costs25%Parks, recreation and libraries19%Housing and community development4.3%Police, fire, courts and jails3.8%

What stands out

48%

of Hennepin'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%

Roads, transit and parking
48%$268 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$268 thousand
Running the government and other costs
25%$141 thousand
What's in running the government and other costsGovernment buildings and other and not broken out
  • Government buildings$86 thousand
  • Other and not broken out$55 thousand
Parks, recreation and libraries
19%$106 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$106 thousand
Housing and community development
4.3%$24 thousand
Police, fire, courts and jails
3.8%$21 thousand
What's in police, fire, courts and jailsPolice
  • Police$21 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Hennepin. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended April 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Hennepin 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.