Village government · Montgomery County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Irving took in $326 thousand and spent $221 thousand.

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

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Where it comes from

State tax money46%Fees for services (water, sewer)33%Village taxes10%Federal tax money9.5%Fines and other0.9%

What stands out

46%

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

Village taxes10%

Property tax
8.0%$26 thousand
Other taxes
2.5%$8 thousand
What's in other taxesOther licenses and other selective sales taxes
  • Other licenses$7 thousand
  • Other selective sales taxes$1 thousand

Amounts are by Census tax category.

Fees for services33%

Fees for services
33%$108 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$81 thousand
  • Sewer$26 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

Federal tax money9.5%

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

From the federal government
9.5%$31 thousand

State tax money46%

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

From the state
46%$150 thousand

Fines and other0.9%

Fines
0.6%$2 thousand
Interest, rents and other
0.3%$1 thousand

Where it goes

Water, sewer, trash and utilities43%Running the government and other costs34%Roads, transit and parking14%Police, fire, courts and jails7.7%Interest on debt0.9%

What stands out

34%

of Irving'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%

Water, sewer, trash and utilities
43%$96 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$69 thousand
  • Sewer systems$27 thousand
Running the government and other costs
34%$75 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$75 thousand
Roads, transit and parking
14%$31 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$31 thousand
Police, fire, courts and jails
7.7%$17 thousand
What's in police, fire, courts and jailsPolice
  • Police$17 thousand
Interest on debt
0.9%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Irving. 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 Irving 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.