Village government · Shelby County, IL
Herrick's money: where it comes from and where it goes
In the latest recorded fiscal year (ended April 30, 2022), Herrick took in $352 thousand and spent $234 thousand.
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Where it comes from
What stands out
of Herrick's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes11%
What's in other taxesPublic utility taxes
- Public utility taxes$4 thousand
Amounts are by Census tax category.
Fees for services45%
What's in fees for servicesWater and sewer
- Water$108 thousand
- Sewer$52 thousand
Amounts are by Census type of charge.
Federal tax money8.2%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money35%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other1.1%
Where it goes
What stands out
of Herrick's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.
Spending by category100%
What's in water, sewer, trash and utilitiesWater supply and sewer systems
- Water supply$84 thousand
- Sewer systems$45 thousand
What's in running the government and other costsGovernment buildings
- Government buildings$68 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$31 thousand
Sources and moreWhere these numbers come from and what they cover
Village of Herrick. 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 Herrick 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.