Village government · McHenry County, IL

Oakwood Hills's money: where it comes from and where it goes

In the latest recorded fiscal year (ended April 30, 2022), Oakwood Hills took in $1.4 million and spent $1.1 million.

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

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Where it comes from

Village taxes37%State tax money35%Fines and other28%

What stands out

27%

of Oakwood Hills' money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

Village taxes37%

Property tax
23%$325 thousand
Other taxes
15%$213 thousand
What's in other taxesOther selective sales taxes; other licenses and 1 more
  • Other selective sales taxes$103 thousand
  • Other licenses$59 thousand
  • Public utility taxes$51 thousand

Amounts are by Census tax category.

State tax money35%

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

From the state
35%$501 thousand

Fines and other28%

Interest, rents and other
27%$384 thousand
Fines
1.5%$21 thousand

Where it goes

Roads, transit and parking42%Police, fire, courts and jails29%Running the government and other costs25%Parks, recreation and libraries4.3%Interest on debt0.3%

What stands out

42%

of Oakwood Hills' 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
42%$469 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$469 thousand
Police, fire, courts and jails
29%$323 thousand
What's in police, fire, courts and jailsPolice
  • Police$323 thousand
Running the government and other costs
25%$281 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$248 thousand
  • Finance, tax collection and budgeting$17 thousand
  • Government buildings$16 thousand
Parks, recreation and libraries
4.3%$48 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$48 thousand
Interest on debt
0.3%$3 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Oakwood Hills. 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 Oakwood Hills 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.