Village government · Ford County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Sibley took in $591 thousand and spent $116 thousand.

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

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Where it comes from

Fees for services (water, garbage collection)74%State tax money18%Village taxes5.2%Federal tax money2.9%Fines and other0.2%

What stands out

74%

of Sibley's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Village taxes5.2%

Property tax
5.1%$30 thousand
Other taxes
0.2%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services74%

Fees for services
74%$435 thousand
What's in fees for servicesOther service charges; water and 1 more
  • Other service charges$357 thousand
  • Water$54 thousand
  • Garbage collection$24 thousand

Amounts are by Census type of charge.

Federal tax money2.9%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
2.9%$17 thousand

State tax money18%

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

From the state
18%$107 thousand

Fines and other0.2%

Interest, rents and other
0.2%$1 thousand

Where it goes

Water, sewer, trash and utilities44%Running the government and other costs27%Roads, transit and parking19%Police, fire, courts and jails7.8%Parks, recreation and libraries1.7%Sent to other local governments0.9%

What stands out

19%

of Sibley's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
44%$51 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$26 thousand
  • Garbage and solid waste$25 thousand
Running the government and other costs
27%$31 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$31 thousand
Roads, transit and parking
19%$22 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$22 thousand
Police, fire, courts and jails
7.8%$9 thousand
What's in police, fire, courts and jailsPolice
  • Police$9 thousand
Parks, recreation and libraries
1.7%$2 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2 thousand
Sent to other local governments
0.9%$1 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$1 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Sibley. 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 Sibley 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.