Village government · Sangamon County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Jerome took in $2.0 million and spent $1.2 million.

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

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Where it comes from

State tax money61%Fees for services (water, parks and recreation)27%Village taxes6.1%Federal tax money5.4%Fines and other0.5%

What stands out

61%

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

Village taxes6.1%

Other taxes
3.9%$77 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$52 thousand
  • Public utility taxes$25 thousand

Amounts are by Census tax category.

Property tax
2.2%$43 thousand

Fees for services27%

Fees for services
27%$535 thousand
What's in fees for servicesWater; parks and recreation and 1 more
  • Water$533 thousand
  • Parks and recreation$1 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

Federal tax money5.4%

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

From the federal government
5.4%$108 thousand

State tax money61%

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

From the state
61%$1.2 million

Fines and other0.5%

Interest, rents and other
0.3%$5 thousand
Fines
0.3%$5 thousand

Where it goes

Water, sewer, trash and utilities48%Police, fire, courts and jails18%Roads, transit and parking17%Running the government and other costs13%Parks, recreation and libraries2.8%Interest on debt0.5%

What stands out

48%

of Jerome'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
48%$594 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$594 thousand
Police, fire, courts and jails
18%$225 thousand
What's in police, fire, courts and jailsPolice
  • Police$225 thousand
Roads, transit and parking
17%$211 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$211 thousand
Running the government and other costs
13%$165 thousand
What's in running the government and other costsGovernment buildings and finance, tax collection and budgeting
  • Government buildings$117 thousand
  • Finance, tax collection and budgeting$48 thousand
Parks, recreation and libraries
2.8%$34 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$34 thousand
Interest on debt
0.5%$6 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Jerome. 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 Jerome 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.