Village government · Macoupin County, IL

Royal Lakes's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Royal Lakes took in $321 thousand and spent $185 thousand.

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

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Where it comes from

Fines and other44%Fees for services (water, sewer)34%State tax money18%Village taxes4.0%

What stands out

44%

of Royal Lakes' money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

Village taxes4.0%

Property tax
3.4%$11 thousand
Other taxes
0.6%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$108 thousand
What's in fees for servicesWater and sewer
  • Water$83 thousand
  • Sewer$25 thousand

Amounts are by Census type of charge.

State tax money18%

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

From the state
18%$58 thousand

Fines and other44%

Interest, rents and other
44%$142 thousand

Where it goes

Water, sewer, trash and utilities49%Running the government and other costs48%Roads, transit and parking3.8%

What stands out

48%

of Royal Lakes' 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%

Water, sewer, trash and utilities
49%$90 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$69 thousand
  • Sewer systems$21 thousand
Running the government and other costs
48%$88 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$88 thousand
Roads, transit and parking
3.8%$7 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$7 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Royal Lakes. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 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 Royal Lakes 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.