Village government · Pulaski County, IL

Olmsted's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Olmsted took in $520 thousand and spent $562 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (water, sewer)52%State tax money23%Fines and other16%Village taxes8.8%

What stands out

15%

of Olmsted'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 taxes8.8%

Other taxes
6.7%$35 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$35 thousand

Amounts are by Census tax category.

Property tax
2.1%$11 thousand

Fees for services52%

Fees for services
52%$272 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$206 thousand
  • Sewer$40 thousand
  • Garbage collection$26 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.

From the state
23%$121 thousand

Fines and other16%

Interest, rents and other
15%$80 thousand
Fines
0.2%$1 thousand

Where it goes

Water, sewer, trash and utilities38%Police, fire, courts and jails36%Running the government and other costs19%Roads, transit and parking2.8%Parks, recreation and libraries2.0%Interest on debt1.8%

What stands out

36%

of Olmsted's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
38%$213 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$161 thousand
  • Garbage and solid waste$29 thousand
  • Sewer systems$23 thousand
Police, fire, courts and jails
36%$205 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$192 thousand
  • Fire protection$13 thousand
Running the government and other costs
19%$107 thousand
What's in running the government and other costsGovernment buildings
  • Government buildings$107 thousand
Roads, transit and parking
2.8%$16 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$16 thousand
Parks, recreation and libraries
2.0%$11 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$11 thousand
Interest on debt
1.8%$10 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Olmsted. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Olmsted 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.