City government · Marshall County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Lacon took in $2.4 million and spent $2.1 million.

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

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Where it comes from

City taxes34%State tax money33%Fees for services (water)26%Fines and other7.8%

What stands out

33%

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

City taxes34%

Property tax
33%$800 thousand
Other taxes
0.6%$15 thousand
What's in other taxesOther licenses
  • Other licenses$15 thousand

Amounts are by Census tax category.

Fees for services26%

Fees for services
26%$620 thousand
What's in fees for servicesWater and other service charges
  • Water$521 thousand
  • Other service charges$99 thousand

Amounts are by Census type of charge.

State tax money33%

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

From the state
33%$791 thousand

Fines and other7.8%

Interest, rents and other
7.4%$178 thousand
Fines
0.4%$10 thousand

Where it goes

Running the government and other costs55%Police, fire, courts and jails17%Water, sewer, trash and utilities17%Roads, transit and parking11%Sent to other local governments1.0%Interest on debt<0.1%

What stands out

55%

of Lacon'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
55%$1.2 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$588 thousand
  • Central staff services (personnel, purchasing, technology)$415 thousand
  • Finance, tax collection and budgeting$151 thousand
Police, fire, courts and jails
17%$356 thousand
What's in police, fire, courts and jailsPolice
  • Police$356 thousand
Water, sewer, trash and utilities
17%$353 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$353 thousand
Roads, transit and parking
11%$227 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$227 thousand
Sent to other local governments
1.0%$21 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$21 thousand
Interest on debt
<0.1%$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lacon. 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 City of Lacon 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.