Village government · Clinton County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Hoffman took in $368 thousand and spent $347 thousand.

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

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Where it comes from

State tax money47%Fees for services (water, sewer)36%Federal tax money9.0%Village taxes5.4%Fines and other3.0%

What stands out

47%

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

Village taxes5.4%

Property tax
5.2%$19 thousand
Other taxes
0.3%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services36%

Fees for services
36%$132 thousand
What's in fees for servicesWater; sewer and 3 more
  • Water$60 thousand
  • Sewer$33 thousand
  • Garbage collection$29 thousand
  • Other service charges$7 thousand
  • Parks and recreation$3 thousand

Amounts are by Census type of charge.

Federal tax money9.0%

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

From the federal government
9.0%$33 thousand

State tax money47%

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

From the state
47%$172 thousand

Fines and other3.0%

Interest, rents and other
3.0%$11 thousand

Where it goes

Water, sewer, trash and utilities42%Running the government and other costs24%Roads, transit and parking19%Parks, recreation and libraries14%

What stands out

14%

of Hoffman'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
42%$147 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$93 thousand
  • Garbage and solid waste$34 thousand
  • Sewer systems$20 thousand
Running the government and other costs
24%$85 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$85 thousand
Roads, transit and parking
19%$67 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$67 thousand
Parks, recreation and libraries
14%$48 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$48 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Hoffman. 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 Hoffman 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.