City government · Tazewell County, IL

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

In the latest recorded fiscal year (ended April 30, 2024), Pekin took in $70.9 million and spent $65.5 million.

Latest recorded year: ended April 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

State tax money28%City taxes25%Fees for services (sewer, garbage collection)24%Fines and other23%Federal tax money0.4%

What stands out

10%

of Pekin's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes25%

Property tax
12%$8.6 million
Sales tax
10%$7.1 million
Other taxes
2.7%$1.9 million
What's in other taxesPublic utility taxes; motor fuel taxes and 1 more
  • Public utility taxes$873 thousand
  • Motor fuel taxes$684 thousand
  • Other licenses$331 thousand

Amounts are by Census tax category.

Fees for services24%

Fees for services
24%$16.9 million
What's in fees for servicesSewer; other service charges and 3 more
  • Sewer$10.0 million
  • Other service charges$4.0 million
  • Garbage collection$2.8 million
  • Parks and recreation$93 thousand
  • Parking$10 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
0.4%$310 thousand

State tax money28%

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

From the state
28%$20.0 million

Fines and other23%

Interest, rents and other
21%$14.9 million
Fines
1.8%$1.3 million

Where it goes

Police, fire, courts and jails38%Roads, transit and parking30%Running the government and other costs21%Water, sewer, trash and utilities7.8%Parks, recreation and libraries3.1%All other spending0.8%

What stands out

30%

of Pekin's spending goes to roads, transit and parking.A typical U.S. city of 10,000 to 50,000 people spends 10%.

Spending by category100%

Police, fire, courts and jails
38%$24.7 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$12.9 million
  • Fire protection$11.7 million
  • Courts and legal services$99 thousand
Roads, transit and parking
30%$19.6 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$19.2 million
  • Airports$414 thousand
Running the government and other costs
21%$13.5 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$8.7 million
  • Central staff services (personnel, purchasing, technology)$3.6 million
  • Government buildings$626 thousand
  • Finance, tax collection and budgeting$536 thousand
Water, sewer, trash and utilities
7.8%$5.1 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$2.7 million
  • Sewer systems$2.4 million
Parks, recreation and libraries
3.1%$2.1 million
What's in parks, recreation and librariesLibraries
  • Libraries$2.1 million
Interest on debt
0.5%$295 thousand
Housing and community development
0.4%$246 thousand
Sources and moreWhere these numbers come from and what they cover

City of Pekin. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended April 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Pekin 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.