Village government · Lake County, IL

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

In the latest recorded fiscal year (ended April 30, 2024), Lincolnshire took in $24.0 million and spent $20.4 million.

Latest recorded year: ended April 30, 2024Comes fromGoes to

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Where it comes from

Village taxes46%Fees for services (water, sewer)30%State tax money15%Fines and other6.2%County and local tax money2.5%

What stands out

25%

of Lincolnshire'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 taxes46%

Other taxes
25%$6.0 million
What's in other taxesOther selective sales taxes; public utility taxes and 1 more
  • Other selective sales taxes$3.2 million
  • Public utility taxes$2.0 million
  • Other licenses$818 thousand

Amounts are by Census tax category.

Property tax
12%$2.9 million
Sales tax
8.2%$2.0 million

Fees for services30%

Fees for services
30%$7.3 million
What's in fees for servicesWater; sewer and 1 more
  • Water$5.8 million
  • Sewer$969 thousand
  • Other service charges$466 thousand

Amounts are by Census type of charge.

State tax money15%

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

From the state
15%$3.7 million

County and local tax money2.5%

Money passed on by the county or other local governments.

From the county and other local governments
2.5%$610 thousand

Fines and other6.2%

Interest, rents and other
5.4%$1.3 million
Fines
0.8%$184 thousand

Where it goes

Police, fire, courts and jails31%Water, sewer, trash and utilities29%Running the government and other costs16%Roads, transit and parking14%Parks, recreation and libraries7.2%All other spending4.1%

What stands out

31%

of Lincolnshire's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
31%$6.3 million
What's in police, fire, courts and jailsPolice and inspections and regulation
  • Police$5.1 million
  • Inspections and regulation$1.2 million
Water, sewer, trash and utilities
29%$5.8 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$5.6 million
  • Garbage and solid waste$256 thousand
  • Sewer systems$4 thousand
Running the government and other costs
16%$3.2 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$2.6 million
  • Other and not broken out$610 thousand
Roads, transit and parking
14%$2.8 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.8 million
Parks, recreation and libraries
7.2%$1.5 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.5 million
Interest on debt
3.7%$747 thousand
Sent to other local governments
0.4%$90 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$90 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Lincolnshire. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended April 30, 2024.

What this covers. The money of Village of Lincolnshire 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.