Village government · Livingston County, IL
Long Point's money: where it comes from and where it goes
In the latest recorded fiscal year (ended April 30, 2022), Long Point took in $92 thousand and spent $36 thousand.
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Where it comes from
What stands out
of Long Point's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes9.8%
What's in other taxesOther licenses
- Other licenses$1 thousand
Amounts are by Census tax category.
Federal tax money16%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money63%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other11%
Where it goes
What stands out
of Long Point'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%
What's in running the government and other costsFinance, tax collection and budgeting
- Finance, tax collection and budgeting$36 thousand
Sources and moreWhere these numbers come from and what they cover
Village of Long Point. 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 Long Point 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.