Village government · Shelby County, IL

Tower Hill's money: where it comes from and where it goes

In the latest recorded fiscal year (ended April 30, 2022), Tower Hill took in $483 thousand and spent $469 thousand.

Latest recorded year: ended April 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (water, sewer)39%State tax money32%Village taxes22%Fines and other7.0%

What stands out

32%

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

Village taxes22%

Other taxes
11%$54 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$52 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Property tax
11%$52 thousand

Fees for services39%

Fees for services
39%$188 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$97 thousand
  • Sewer$90 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money32%

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

From the state
32%$155 thousand

Fines and other7.0%

Interest, rents and other
7.0%$34 thousand

Where it goes

Running the government and other costs61%Water, sewer, trash and utilities34%Roads, transit and parking4.1%Interest on debt1.7%

What stands out

61%

of Tower Hill'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%

Running the government and other costs
61%$284 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$284 thousand
Water, sewer, trash and utilities
34%$158 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$88 thousand
  • Sewer systems$70 thousand
Roads, transit and parking
4.1%$19 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$19 thousand
Interest on debt
1.7%$8 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Tower Hill. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended April 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Tower Hill 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.