Village government · Logan County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Latham took in $284 thousand and spent $240 thousand.

Latest recorded year: ended March 31, 2022Comes fromGoes to

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Where it comes from

Village taxes55%State tax money34%Fines and other11%

What stands out

38%

of Latham's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

Village taxes55%

Other taxes
38%$107 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$107 thousand

Amounts are by Census tax category.

Property tax
17%$49 thousand

State tax money34%

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

From the state
34%$96 thousand

Fines and other11%

Interest, rents and other
11%$32 thousand

Where it goes

Water, sewer, trash and utilities48%Running the government and other costs40%Roads, transit and parking12%

What stands out

40%

of Latham'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
48%$115 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$115 thousand
Running the government and other costs
40%$97 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$97 thousand
Roads, transit and parking
12%$28 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$28 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Latham. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Latham 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.