Village government · Kankakee County, IL

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

In the latest recorded fiscal year, Limestone took in $511 thousand and spent $406 thousand.

Latest recorded yearEstimated by the U.S. Census BureauComes fromGoes to

See every government that serves your ZIP

Where it comes from

State tax money80%Village taxes18%Fines and other1.8%

What stands out

80%

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

Village taxes18%

Property tax
11%$56 thousand
Other taxes
7.2%$37 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$26 thousand
  • Other licenses$11 thousand

Amounts are by Census tax category.

State tax money80%

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

From the state
80%$409 thousand

Fines and other1.8%

Interest, rents and other
1.8%$9 thousand

Where it goes

Running the government and other costs87%Roads, transit and parking12%Interest on debt1.0%

What stands out

87%

of Limestone'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
87%$352 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$195 thousand
  • Finance, tax collection and budgeting$126 thousand
  • Government buildings$25 thousand
  • Other and not broken out$6 thousand
Roads, transit and parking
12%$50 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$50 thousand
Interest on debt
1.0%$4 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Limestone. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Limestone 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.