Village government · Cumberland County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Toledo took in $1.6 million and spent $1.7 million.

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

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Where it comes from

Fees for services (gas, water)48%State tax money34%Federal tax money9.0%Village taxes7.2%Fines and other2.0%

What stands out

34%

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

Village taxes7.2%

Property tax
6.3%$100 thousand
Other taxes
0.8%$13 thousand
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$8 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services48%

Fees for services
48%$751 thousand
What's in fees for servicesGas; water and 1 more
  • Gas$427 thousand
  • Water$208 thousand
  • Sewer$116 thousand

Amounts are by Census type of charge.

Federal tax money9.0%

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

From the federal government
9.0%$142 thousand

State tax money34%

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

From the state
34%$542 thousand

Fines and other2.0%

Interest, rents and other
1.7%$27 thousand
Fines
0.3%$5 thousand

Where it goes

Water, sewer, trash and utilities64%Running the government and other costs18%Roads, transit and parking11%Police, fire, courts and jails4.7%Interest on debt2.2%

What stands out

64%

of Toledo'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
64%$1.1 million
What's in water, sewer, trash and utilitiesWater supply; gas supply and 2 more
  • Water supply$632 thousand
  • Gas supply$349 thousand
  • Sewer systems$104 thousand
  • Garbage and solid waste$3 thousand
Running the government and other costs
18%$307 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$241 thousand
  • Central staff services (personnel, purchasing, technology)$66 thousand
Roads, transit and parking
11%$186 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$186 thousand
Police, fire, courts and jails
4.7%$79 thousand
What's in police, fire, courts and jailsPolice
  • Police$79 thousand
Interest on debt
2.2%$37 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Toledo. 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 Toledo 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.