Village government · Fulton County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Liverpool took in $49 thousand and spent $54 thousand.

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

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Where it comes from

State tax money59%Fines and other24%Village taxes12%Fees for services (housing)4.1%

What stands out

59%

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

Village taxes12%

Property tax
8.2%$4 thousand
Other taxes
4.1%$2 thousand
What's in other taxesPublic utility taxes and other selective sales taxes
  • Public utility taxes$1 thousand
  • Other selective sales taxes$1 thousand

Amounts are by Census tax category.

Fees for services4.1%

Fees for services
4.1%$2 thousand
What's in fees for servicesHousing
  • Housing$2 thousand

Amounts are by Census type of charge.

State tax money59%

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

From the state
59%$29 thousand

Fines and other24%

Interest, rents and other
24%$12 thousand

Where it goes

Running the government and other costs100%

What stands out

100%

of Liverpool'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
100%$54 thousand
What's in running the government and other costsGovernment buildings; central staff services (personnel, purchasing, technology) and 1 more
  • Government buildings$42 thousand
  • Central staff services (personnel, purchasing, technology)$8 thousand
  • Finance, tax collection and budgeting$4 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Liverpool. 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 Liverpool 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.