Village government · Bureau County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Sheffield took in $1.2 million and spent $1.9 million.

Latest recorded year: ended April 30, 2022Comes fromGoes to

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Where it comes from

State tax money34%Village taxes31%Fees for services (water, sewer)30%Fines and other5.3%

What stands out

34%

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

Village taxes31%

Property tax
31%$367 thousand
Other taxes
0.3%$3 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$2 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services30%

Fees for services
30%$360 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$179 thousand
  • Sewer$116 thousand
  • Garbage collection$56 thousand
  • Other service charges$9 thousand

Amounts are by Census type of charge.

State tax money34%

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

From the state
34%$406 thousand

Fines and other5.3%

Interest, rents and other
4.4%$53 thousand
Fines
0.8%$10 thousand

Where it goes

Running the government and other costs70%Water, sewer, trash and utilities22%Roads, transit and parking4.3%Parks, recreation and libraries1.7%Police, fire, courts and jails1.4%Interest on debt0.5%

What stands out

70%

of Sheffield'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
70%$1.3 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 3 more
  • Central staff services (personnel, purchasing, technology)$1.0 million
  • Finance, tax collection and budgeting$111 thousand
  • Government buildings$105 thousand
  • Other and not broken out$74 thousand
  • Other government-run businesses$11 thousand
Water, sewer, trash and utilities
22%$409 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$257 thousand
  • Sewer systems$114 thousand
  • Garbage and solid waste$38 thousand
Roads, transit and parking
4.3%$81 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$81 thousand
Parks, recreation and libraries
1.7%$33 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$33 thousand
Police, fire, courts and jails
1.4%$27 thousand
What's in police, fire, courts and jailsPolice
  • Police$27 thousand
Interest on debt
0.5%$9 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Sheffield. 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 Sheffield 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.