Village government · McHenry County, IL

McCullom Lake's money: where it comes from and where it goes

In the latest recorded fiscal year (ended March 31, 2022), McCullom Lake took in $1.3 million and spent $1.1 million.

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

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Where it comes from

Fees for services (water, sewer)39%Fines and other24%State tax money20%Village taxes17%

What stands out

21%

of McCullom Lake's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

Village taxes17%

Property tax
14%$192 thousand
Other taxes
2.6%$35 thousand
What's in other taxesOther licenses
  • Other licenses$35 thousand

Amounts are by Census tax category.

Fees for services39%

Fees for services
39%$515 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$424 thousand
  • Sewer$49 thousand
  • Other service charges$42 thousand

Amounts are by Census type of charge.

State tax money20%

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

From the state
20%$260 thousand

Fines and other24%

Interest, rents and other
21%$279 thousand
Fines
3.4%$45 thousand

Where it goes

Running the government and other costs65%Water, sewer, trash and utilities18%Police, fire, courts and jails14%Interest on debt2.0%Parks, recreation and libraries1.5%Roads, transit and parking0.4%

What stands out

65%

of McCullom Lake'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
65%$693 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$445 thousand
  • Finance, tax collection and budgeting$196 thousand
  • Other and not broken out$52 thousand
Water, sewer, trash and utilities
18%$188 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$188 thousand
Police, fire, courts and jails
14%$145 thousand
What's in police, fire, courts and jailsPolice
  • Police$145 thousand
Interest on debt
2.0%$21 thousand
Parks, recreation and libraries
1.5%$16 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$16 thousand
Roads, transit and parking
0.4%$4 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$4 thousand
Sources and moreWhere these numbers come from and what they cover

Village of McCullom Lake. 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 McCullom Lake 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.