Village government · Champaign County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Ludlow took in $964 thousand and spent $237 thousand.

Latest recorded year: ended March 31, 2022Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Federal tax money69%Fees for services (water, garbage collection)11%State tax money11%Fines and other5.3%Village taxes4.4%

What stands out

69%

of Ludlow's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes4.4%

Other taxes
3.1%$30 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$29 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Property tax
1.2%$12 thousand

Fees for services11%

Fees for services
11%$103 thousand
What's in fees for servicesWater and garbage collection
  • Water$101 thousand
  • Garbage collection$2 thousand

Amounts are by Census type of charge.

Federal tax money69%

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

From the federal government
69%$666 thousand

State tax money11%

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

From the state
11%$102 thousand

Fines and other5.3%

Interest, rents and other
5.2%$50 thousand
Fines
0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities43%Running the government and other costs42%Roads, transit and parking7.6%Interest on debt5.5%Police, fire, courts and jails2.5%

What stands out

42%

of Ludlow'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%

Water, sewer, trash and utilities
43%$101 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$101 thousand
Running the government and other costs
42%$99 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$99 thousand
Roads, transit and parking
7.6%$18 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$18 thousand
Interest on debt
5.5%$13 thousand
Police, fire, courts and jails
2.5%$6 thousand
What's in police, fire, courts and jailsPolice
  • Police$6 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Ludlow. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Ludlow 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.