Village government · Ogle County, IL

Monroe Center's money: where it comes from and where it goes

In the latest recorded fiscal year, Monroe Center took in $372 thousand and spent $342 thousand.

Latest recorded yearComes fromGoes to

See every government that serves your ZIP

Where it comes from

State tax money83%Federal tax money8.1%Village taxes7.8%Fines and other1.3%

What stands out

83%

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

Village taxes7.8%

Property tax
6.7%$25 thousand
Other taxes
1.1%$4 thousand
What's in other taxesOther licenses
  • Other licenses$4 thousand

Amounts are by Census tax category.

Federal tax money8.1%

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

From the federal government
8.1%$30 thousand

State tax money83%

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

From the state
83%$308 thousand

Fines and other1.3%

Interest, rents and other
1.3%$5 thousand

Where it goes

Roads, transit and parking73%Running the government and other costs22%Parks, recreation and libraries5.0%

What stands out

73%

of Monroe Center's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
73%$251 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$251 thousand
Running the government and other costs
22%$74 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$74 thousand
Parks, recreation and libraries
5.0%$17 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$17 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Monroe Center. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Monroe Center 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.