Village government · Cook County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Posen took in $9.4 million and spent $8.8 million.

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

See every government that serves your ZIP

Where it comes from

Village taxes32%Fees for services (water, garbage collection)31%State tax money25%Fines and other12%

What stands out

6.5%

of Posen's money comes from fines.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes32%

Property tax
22%$2.0 million
Other taxes
6.7%$633 thousand
What's in other taxesPublic utility taxes; other licenses and 1 more
  • Public utility taxes$352 thousand
  • Other licenses$267 thousand
  • Other selective sales taxes$14 thousand

Amounts are by Census tax category.

Sales tax
3.5%$331 thousand

Fees for services31%

Fees for services
31%$2.9 million
What's in fees for servicesWater; other service charges and 1 more
  • Water$1.8 million
  • Other service charges$663 thousand
  • Garbage collection$462 thousand

Amounts are by Census type of charge.

State tax money25%

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

From the state
25%$2.3 million

Fines and other12%

Fines
6.5%$615 thousand
Interest, rents and other
5.5%$521 thousand

Where it goes

Police, fire, courts and jails39%Running the government and other costs32%Water, sewer, trash and utilities25%Roads, transit and parking2.8%Interest on debt0.6%

What stands out

39%

of Posen'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%

Police, fire, courts and jails
39%$3.5 million
What's in police, fire, courts and jailsPolice
  • Police$3.5 million
Running the government and other costs
32%$2.8 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)$1.5 million
  • Other and not broken out$1.3 million
Water, sewer, trash and utilities
25%$2.2 million
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$1.8 million
  • Garbage and solid waste$447 thousand
Roads, transit and parking
2.8%$249 thousand
What's in roads, transit and parkingParking and roads and highways
  • Parking$136 thousand
  • Roads and highways$113 thousand
Interest on debt
0.6%$54 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Posen. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended April 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 Posen 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.