Village government · Montgomery County, IL
Schram City's money: where it comes from and where it goes
In the latest recorded fiscal year (ended April 30, 2022), Schram City took in $603 thousand and spent $589 thousand.
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Where it comes from
What stands out
of Schram City's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes13%
What's in other taxesPublic utility taxes; other licenses and 1 more
- Public utility taxes$43 thousand
- Other licenses$6 thousand
- Other selective sales taxes$1 thousand
Amounts are by Census tax category.
Fees for services38%
What's in fees for servicesSewer and water
- Sewer$117 thousand
- Water$110 thousand
Amounts are by Census type of charge.
Federal tax money6.3%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money43%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other0.3%
Where it goes
What stands out
of Schram City's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.
Spending by category100%
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
- Water supply$260 thousand
- Sewer systems$113 thousand
- Garbage and solid waste$24 thousand
What's in running the government and other costsFinance, tax collection and budgeting
- Finance, tax collection and budgeting$95 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$83 thousand
What's in police, fire, courts and jailsPolice
- Police$14 thousand
Sources and moreWhere these numbers come from and what they cover
Village of Schram City. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended April 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Village of Schram City 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.