Village government · Logan County, IL

New Holland's money: where it comes from and where it goes

In the latest recorded fiscal year (ended April 30, 2022), New Holland took in $287 thousand and spent $232 thousand.

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

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Where it comes from

Fines and other38%State tax money31%Fees for services (water)19%Village taxes6.3%Federal tax money6.3%

What stands out

38%

of New Holland'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 taxes6.3%

Property tax
4.5%$13 thousand
Other taxes
1.7%$5 thousand
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$4 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services19%

Fees for services
19%$54 thousand
What's in fees for servicesWater
  • Water$54 thousand

Amounts are by Census type of charge.

Federal tax money6.3%

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

From the federal government
6.3%$18 thousand

State tax money31%

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

From the state
31%$88 thousand

Fines and other38%

Interest, rents and other
38%$109 thousand

Where it goes

Running the government and other costs53%Water, sewer, trash and utilities25%Roads, transit and parking21%Parks, recreation and libraries0.9%Social services0.9%

What stands out

53%

of New Holland'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
53%$122 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and finance, tax collection and budgeting
  • Central staff services (personnel, purchasing, technology)$75 thousand
  • Finance, tax collection and budgeting$47 thousand
Water, sewer, trash and utilities
25%$57 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$57 thousand
Roads, transit and parking
21%$49 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$49 thousand
Parks, recreation and libraries
0.9%$2 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$1 thousand
  • Parks and recreation$1 thousand
Social services
0.9%$2 thousand
What's in social servicesOther public welfare
  • Other public welfare$2 thousand
Sources and moreWhere these numbers come from and what they cover

Village of New Holland. 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 Holland 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.