Village government · Marshall County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Hopewell took in $329 thousand and spent $178 thousand.

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

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Where it comes from

Fees for services (water)40%State tax money35%Village taxes16%County and local tax money8.2%Fines and other0.3%

What stands out

35%

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

Village taxes16%

Property tax
13%$44 thousand
Other taxes
2.7%$9 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$9 thousand

Amounts are by Census tax category.

Fees for services40%

Fees for services
40%$133 thousand
What's in fees for servicesWater
  • Water$133 thousand

Amounts are by Census type of charge.

State tax money35%

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

From the state
35%$115 thousand

County and local tax money8.2%

Money passed on by the county or other local governments.

From the county and other local governments
8.2%$27 thousand

Fines and other0.3%

Interest, rents and other
0.3%$1 thousand

Where it goes

Water, sewer, trash and utilities58%Roads, transit and parking25%Running the government and other costs17%

What stands out

58%

of Hopewell'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%

Water, sewer, trash and utilities
58%$103 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$103 thousand
Roads, transit and parking
25%$44 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$44 thousand
Running the government and other costs
17%$31 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$14 thousand
  • Finance, tax collection and budgeting$13 thousand
  • Government buildings$4 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Hopewell. 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 Hopewell 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.