Village government · Stark County, IL
La Fayette's money: where it comes from and where it goes
In the latest recorded fiscal year (ended April 30, 2022), La Fayette took in $180 thousand and spent $108 thousand.
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Where it comes from
What stands out
of La Fayette's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes13%
Fees for services35%
What's in fees for servicesWater
- Water$63 thousand
Amounts are by Census type of charge.
State tax money37%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other16%
Where it goes
What stands out
of La Fayette'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%
What's in water, sewer, trash and utilitiesWater supply
- Water supply$58 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
- Central staff services (personnel, purchasing, technology)$31 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$18 thousand
Sources and moreWhere these numbers come from and what they cover
Village of La Fayette. 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 La Fayette 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.