Village government · Champaign County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Thomasboro took in $1.1 million and spent $684 thousand.

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

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Where it comes from

Fees for services (sewer, water)52%State tax money30%Village taxes10%Federal tax money6.5%Fines and other1.5%

What stands out

30%

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

Village taxes10%

Property tax
9.4%$107 thousand
Other taxes
1.0%$11 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$7 thousand
  • Other licenses$4 thousand

Amounts are by Census tax category.

Fees for services52%

Fees for services
52%$594 thousand
What's in fees for servicesSewer; water and 2 more
  • Sewer$330 thousand
  • Water$157 thousand
  • Garbage collection$87 thousand
  • Other service charges$20 thousand

Amounts are by Census type of charge.

Federal tax money6.5%

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

From the federal government
6.5%$74 thousand

State tax money30%

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

From the state
30%$338 thousand

Fines and other1.5%

Interest, rents and other
1.3%$15 thousand
Fines
0.2%$2 thousand

Where it goes

Water, sewer, trash and utilities48%Police, fire, courts and jails18%Roads, transit and parking15%Running the government and other costs14%Interest on debt3.5%All other spending1.8%

What stands out

48%

of Thomasboro'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%

Water, sewer, trash and utilities
48%$326 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$145 thousand
  • Sewer systems$94 thousand
  • Garbage and solid waste$87 thousand
Police, fire, courts and jails
18%$122 thousand
What's in police, fire, courts and jailsPolice
  • Police$122 thousand
Roads, transit and parking
15%$106 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$106 thousand
Running the government and other costs
14%$94 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$94 thousand
Interest on debt
3.5%$24 thousand
Sent to other local governments
1.6%$11 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$11 thousand
Parks, recreation and libraries
0.1%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Thomasboro. 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 Thomasboro 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.