Village government · Macoupin County, IL
Standard City's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Standard City took in $55 thousand and spent $28 thousand.
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Where it comes from
What stands out
of Standard City's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes11%
What's in other taxesPublic utility taxes
- Public utility taxes$2 thousand
Amounts are by Census tax category.
Federal tax money18%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money67%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other3.6%
Where it goes
What stands out
of Standard City'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%
What's in running the government and other costsFinance, tax collection and budgeting
- Finance, tax collection and budgeting$21 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 Standard City. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 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 Standard 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.