Village government · Boone County, IL
Timberlane's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Timberlane took in $375 thousand and spent $343 thousand.
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Where it comes from
What stands out
of Timberlane's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes48%
What's in other taxesOther selective sales taxes; public utility taxes and 1 more
- Other selective sales taxes$40 thousand
- Public utility taxes$36 thousand
- Other licenses$14 thousand
Amounts are by Census tax category.
State tax money52%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Timberlane'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%
What's in roads, transit and parkingRoads and highways
- Roads and highways$283 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
- Central staff services (personnel, purchasing, technology)$60 thousand
Sources and moreWhere these numbers come from and what they cover
Village of Timberlane. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Village of Timberlane 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.