Village government · Bureau County, IL
New Bedford's money: where it comes from and where it goes
In the latest recorded fiscal year (ended April 30, 2022), New Bedford took in $35 thousand and spent $11 thousand.
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Where it comes from
What stands out
of New Bedford's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes5.7%
State tax money80%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money14%
Money passed on by the county or other local governments.
Where it goes
What stands out
of New Bedford'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%
What's in running the government and other costsFinance, tax collection and budgeting and government buildings
- Finance, tax collection and budgeting$5 thousand
- Government buildings$1 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$4 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover
Village of New Bedford. 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 New Bedford 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.