Village government · Sangamon County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Sherman took in $5.1 million and spent $15.3 million.

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

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Where it comes from

Village taxes43%State tax money33%Fees for services (sewer)15%Fines and other9.6%

What stands out

33%

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

Village taxes43%

Property tax
35%$1.8 million
Sales tax
5.2%$267 thousand
Other taxes
2.4%$122 thousand
What's in other taxesOther licenses
  • Other licenses$122 thousand

Amounts are by Census tax category.

Fees for services15%

Fees for services
15%$781 thousand
What's in fees for servicesSewer
  • Sewer$781 thousand

Amounts are by Census type of charge.

State tax money33%

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

From the state
33%$1.7 million

Fines and other9.6%

Interest, rents and other
8.1%$414 thousand
Fines
1.5%$75 thousand

Where it goes

Roads, transit and parking54%Parks, recreation and libraries29%Police, fire, courts and jails6.0%Running the government and other costs5.5%Water, sewer, trash and utilities4.9%All other spending0.9%

What stands out

29%

of Sherman's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Roads, transit and parking
54%$8.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$8.2 million
Parks, recreation and libraries
29%$4.5 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$4.5 million
Police, fire, courts and jails
6.0%$916 thousand
What's in police, fire, courts and jailsPolice
  • Police$916 thousand
Running the government and other costs
5.5%$838 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$421 thousand
  • Central staff services (personnel, purchasing, technology)$417 thousand
Water, sewer, trash and utilities
4.9%$747 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$747 thousand
Interest on debt
0.7%$104 thousand
Sent to other local governments
0.2%$27 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$27 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Sherman. 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 Sherman 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.