City government · Peoria County, IL

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

In the latest recorded fiscal year (ended December 31, 2023), Peoria took in $322 million and spent $282 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

State tax money35%City taxes29%Fines and other24%Fees for services (parks and recreation)13%

What stands out

35%

of Peoria's money comes from state tax money.A typical U.S. city of 50,000+ people gets 6.4%.

City taxes29%

Property tax
11%$36.8 million
Sales tax
9.3%$30.0 million
Other taxes
8.2%$26.3 million
What's in other taxesOther selective sales taxes; public utility taxes and 1 more
  • Other selective sales taxes$13.4 million
  • Public utility taxes$9.7 million
  • Other licenses$3.2 million

Amounts are by Census tax category.

Fees for services13%

Fees for services
13%$40.5 million
What's in fees for servicesParks and recreation and other service charges
  • Parks and recreation$24.2 million
  • Other service charges$16.3 million

Amounts are by Census type of charge.

State tax money35%

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

From the state
35%$112 million

Fines and other24%

Interest, rents and other
15%$48.4 million
Fines
8.6%$27.8 million

Where it goes

Running the government and other costs39%Police, fire, courts and jails33%Roads, transit and parking12%Parks, recreation and libraries7.5%Water, sewer, trash and utilities5.8%Interest on debt2.3%

What stands out

39%

of Peoria's spending goes to running the government and other costs.A typical U.S. city of 50,000+ people spends 16%.

Spending by category100%

Running the government and other costs
39%$110 million
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$75.5 million
  • Central staff services (personnel, purchasing, technology)$34.8 million
Police, fire, courts and jails
33%$92.4 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$50.5 million
  • Fire protection$41.9 million
Roads, transit and parking
12%$35.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$35.2 million
Parks, recreation and libraries
7.5%$21.2 million
What's in parks, recreation and librariesLibraries
  • Libraries$21.2 million
Water, sewer, trash and utilities
5.8%$16.5 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$9.4 million
  • Sewer systems$7.0 million
Interest on debt
2.3%$6.6 million
Sources and moreWhere these numbers come from and what they cover

City of Peoria. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Peoria 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.