Village government · Gallatin County, IL
Junction's money: where it comes from and where it goes
In the latest recorded fiscal year (ended April 30, 2022), Junction took in $39 thousand and spent $14 thousand.
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Where it comes from
What stands out
of Junction's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes7.7%
What's in other taxesOther selective sales taxes
- Other selective sales taxes$2 thousand
Amounts are by Census tax category.
Federal tax money21%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money72%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Junction'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%
What's in running the government and other costsFinance, tax collection and budgeting
- Finance, tax collection and budgeting$14 thousand
Sources and moreWhere these numbers come from and what they cover
Village of Junction. 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 Junction 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.