City government · Woodford County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Minonk took in $3.0 million and spent $2.5 million.

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

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Where it comes from

Fees for services (sewer, water)34%State tax money32%City taxes20%Fines and other9.3%Federal tax money4.4%

What stands out

32%

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

City taxes20%

Property tax
16%$496 thousand
Other taxes
3.7%$112 thousand
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$103 thousand
  • Other selective sales taxes$6 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$1.0 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$351 thousand
  • Water$320 thousand
  • Other service charges$181 thousand
  • Garbage collection$161 thousand
  • Parks and recreation$13 thousand

Amounts are by Census type of charge.

Federal tax money4.4%

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

From the federal government
4.4%$134 thousand

State tax money32%

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

From the state
32%$983 thousand

Fines and other9.3%

Interest, rents and other
9.2%$278 thousand
Fines
0.1%$4 thousand

Where it goes

Water, sewer, trash and utilities25%Running the government and other costs19%Health and hospitals17%Roads, transit and parking15%Police, fire, courts and jails15%All other spending9.7%

What stands out

17%

of Minonk's spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
25%$625 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$242 thousand
  • Sewer systems$210 thousand
  • Garbage and solid waste$173 thousand
Running the government and other costs
19%$467 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$271 thousand
  • Finance, tax collection and budgeting$175 thousand
  • Central staff services (personnel, purchasing, technology)$21 thousand
Health and hospitals
17%$419 thousand
What's in health and hospitalsPublic health and hospitals
  • Public health$414 thousand
  • Hospitals$5 thousand
Roads, transit and parking
15%$383 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$383 thousand
Police, fire, courts and jails
15%$377 thousand
What's in police, fire, courts and jailsPolice
  • Police$377 thousand
Parks, recreation and libraries
7.4%$186 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$140 thousand
  • Parks and recreation$46 thousand
Interest on debt
2.3%$59 thousand
Sources and moreWhere these numbers come from and what they cover

City of Minonk. 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 City of Minonk 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.