Town government · Macoupin County, IL
Nilwood's money: where it comes from and where it goes
In the latest recorded fiscal year (ended April 30, 2022), Nilwood took in $389 thousand and spent $570 thousand.
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Where it comes from
What stands out
of Nilwood's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.
Town taxes1.0%
Fees for services77%
What's in fees for servicesWater and gas
- Water$280 thousand
- Gas$18 thousand
Amounts are by Census type of charge.
State tax money20%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other2.6%
Where it goes
What stands out
of Nilwood's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.
Spending by category100%
What's in water, sewer, trash and utilitiesWater supply and sewer systems
- Water supply$519 thousand
- Sewer systems$21 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
- Finance, tax collection and budgeting$26 thousand
- Central staff services (personnel, purchasing, technology)$4 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Nilwood. 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 Town of Nilwood 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.