Village government · McDonough County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Industry took in $409 thousand and spent $324 thousand.

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

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Where it comes from

Fees for services (sewer, water)52%State tax money35%Federal tax money8.3%Village taxes4.9%Fines and other0.2%

What stands out

35%

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

Village taxes4.9%

Property tax
4.2%$17 thousand
Other taxes
0.7%$3 thousand
What's in other taxesOther licenses
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services52%

Fees for services
52%$212 thousand
What's in fees for servicesSewer; water and 2 more
  • Sewer$89 thousand
  • Water$72 thousand
  • Garbage collection$42 thousand
  • Other service charges$9 thousand

Amounts are by Census type of charge.

Federal tax money8.3%

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

From the federal government
8.3%$34 thousand

State tax money35%

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

From the state
35%$142 thousand

Fines and other0.2%

Interest, rents and other
0.2%$1 thousand

Where it goes

Running the government and other costs56%Water, sewer, trash and utilities25%Roads, transit and parking13%Interest on debt5.6%

What stands out

56%

of Industry's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
56%$183 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$183 thousand
Water, sewer, trash and utilities
25%$80 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$63 thousand
  • Sewer systems$17 thousand
Roads, transit and parking
13%$43 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$43 thousand
Interest on debt
5.6%$18 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Industry. 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 Industry 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.