Village government · Cook County, IL

Olympia Fields's money: where it comes from and where it goes

In the latest recorded fiscal year (ended April 30, 2022), Olympia Fields took in $13.8 million and spent $12.5 million.

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

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Where it comes from

Village taxes36%Fees for services (water, sewer)32%State tax money24%Fines and other5.9%County and local tax money2.0%

What stands out

24%

of Olympia Fields' money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Village taxes36%

Property tax
28%$3.9 million
Other taxes
8.2%$1.1 million
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$696 thousand
  • Other selective sales taxes$256 thousand
  • Other licenses$188 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$4.5 million
What's in fees for servicesWater; sewer and 1 more
  • Water$2.4 million
  • Sewer$1.7 million
  • Other service charges$294 thousand

Amounts are by Census type of charge.

State tax money24%

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

From the state
24%$3.3 million

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments
2.0%$274 thousand

Fines and other5.9%

Fines
4.2%$583 thousand
Interest, rents and other
1.7%$234 thousand

Where it goes

Police, fire, courts and jails38%Water, sewer, trash and utilities31%Interest on debt11%Running the government and other costs9.8%Roads, transit and parking9.4%

What stands out

38%

of Olympia Fields' 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%

Police, fire, courts and jails
38%$4.8 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$4.3 million
  • Fire protection$485 thousand
Water, sewer, trash and utilities
31%$3.9 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$2.0 million
  • Water supply$1.9 million
Interest on debt
11%$1.4 million
Running the government and other costs
9.8%$1.2 million
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)$669 thousand
  • Other and not broken out$550 thousand
Roads, transit and parking
9.4%$1.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.2 million
Sources and moreWhere these numbers come from and what they cover

Village of Olympia Fields. 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 Olympia Fields 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.