Village government · Moultrie County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Lovington took in $1.0 million and spent $800 thousand.

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

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Where it comes from

State tax money40%Fees for services (water)36%Village taxes12%Fines and other12%

What stands out

40%

of Lovington'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
12%$122 thousand

Fees for services36%

Fees for services
36%$355 thousand
What's in fees for servicesWater
  • Water$355 thousand

Amounts are by Census type of charge.

State tax money40%

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

From the state
40%$402 thousand

Fines and other12%

Interest, rents and other
12%$121 thousand

Where it goes

Water, sewer, trash and utilities54%Running the government and other costs36%Roads, transit and parking9.0%Interest on debt1.4%

What stands out

54%

of Lovington'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
54%$430 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$430 thousand
Running the government and other costs
36%$287 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$287 thousand
Roads, transit and parking
9.0%$72 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$72 thousand
Interest on debt
1.4%$11 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Lovington. 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 Lovington 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.