Village government · Will County, IL

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

In the latest recorded fiscal year (ended March 31, 2022), Peotone took in $4.0 million and spent $4.4 million.

Latest recorded year: ended March 31, 2022Comes fromGoes to

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Where it comes from

State tax money61%Village taxes29%Fines and other6.0%County and local tax money4.2%

What stands out

61%

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

Village taxes29%

Property tax
16%$640 thousand
Other taxes
13%$516 thousand
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$262 thousand
  • Other licenses$254 thousand

Amounts are by Census tax category.

State tax money61%

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

From the state
61%$2.5 million

County and local tax money4.2%

Money passed on by the county or other local governments.

From the county and other local governments
4.2%$169 thousand

Fines and other6.0%

Interest, rents and other
4.8%$194 thousand
Fines
1.2%$50 thousand

Where it goes

Running the government and other costs91%Roads, transit and parking8.3%Interest on debt0.2%

What stands out

91%

of Peotone'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%

Running the government and other costs
91%$4.0 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$2.7 million
  • Central staff services (personnel, purchasing, technology)$1.4 million
Roads, transit and parking
8.3%$367 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$367 thousand
Interest on debt
0.2%$10 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Peotone. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Peotone 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.