Village government · Randolph County, IL

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

In the latest recorded fiscal year (ended December 31, 2021), Rockwood took in $22 thousand and spent $14 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

State tax money59%Village taxes23%Fines and other18%

What stands out

59%

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

Village taxes23%

Property tax
23%$5 thousand

State tax money59%

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

From the state
59%$13 thousand

Fines and other18%

Interest, rents and other
18%$4 thousand

Where it goes

Running the government and other costs100%

What stands out

100%

of Rockwood'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
100%$14 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$14 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Rockwood. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Rockwood 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.