Village government · Iroquois County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Loda took in $364 thousand and spent $259 thousand.

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

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Where it comes from

State tax money47%Fees for services (water)32%Village taxes13%Federal tax money7.4%Fines and other0.3%

What stands out

47%

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

Village taxes13%

Property tax
8.2%$30 thousand
Other taxes
4.9%$18 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$14 thousand
  • Other licenses$4 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$117 thousand
What's in fees for servicesWater and other service charges
  • Water$115 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

Federal tax money7.4%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
7.4%$27 thousand

State tax money47%

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

From the state
47%$171 thousand

Fines and other0.3%

Interest, rents and other
0.3%$1 thousand

Where it goes

Water, sewer, trash and utilities58%Running the government and other costs30%Roads, transit and parking12%Parks, recreation and libraries0.4%Sent to other local governments0.4%

What stands out

58%

of Loda's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
58%$149 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$149 thousand
Running the government and other costs
30%$77 thousand
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)$72 thousand
  • Other and not broken out$5 thousand
Roads, transit and parking
12%$31 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$31 thousand
Parks, recreation and libraries
0.4%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sent to other local governments
0.4%$1 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$1 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Loda. 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 Loda 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.