Village government · Lake County, IL
Old Mill Creek's money: where it comes from and where it goes
In the latest recorded fiscal year (ended April 30, 2022), Old Mill Creek took in $132 thousand and spent $108 thousand.
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Where it comes from
What stands out
of Old Mill Creek's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes31%
What's in other taxesOther selective sales taxes and other licenses
- Other selective sales taxes$9 thousand
- Other licenses$4 thousand
Amounts are by Census tax category.
Fees for services19%
What's in fees for servicesOther service charges
- Other service charges$25 thousand
Amounts are by Census type of charge.
Federal tax money9.1%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money34%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other6.8%
Where it goes
What stands out
of Old Mill Creek'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)
- Central staff services (personnel, purchasing, technology)$94 thousand
Sources and moreWhere these numbers come from and what they cover
Village of Old Mill Creek. 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 Old Mill Creek 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.