Village government · Macon County, IL
Niantic's money: where it comes from and where it goes
In the latest recorded fiscal year (ended April 30, 2022), Niantic took in $801 thousand and spent $335 thousand.
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Where it comes from
What stands out
of Niantic'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 taxes9.5%
Fees for services19%
What's in fees for servicesWater
- Water$151 thousand
Amounts are by Census type of charge.
State tax money23%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other48%
Where it goes
What stands out
of Niantic'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%
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
- Central staff services (personnel, purchasing, technology)$207 thousand
- Other and not broken out$2 thousand
What's in water, sewer, trash and utilitiesWater supply
- Water supply$113 thousand
Sources and moreWhere these numbers come from and what they cover
Village of Niantic. 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 Niantic 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.