Village government · Tazewell County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Tremont took in $2.4 million and spent $2.2 million.

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

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Where it comes from

State tax money43%Fees for services (water)32%Village taxes20%Fines and other4.6%

What stands out

43%

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

Village taxes20%

Property tax
18%$431 thousand
Other taxes
2.6%$62 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$39 thousand
  • Other licenses$23 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$768 thousand
What's in fees for servicesWater and other service charges
  • Water$757 thousand
  • Other service charges$11 thousand

Amounts are by Census type of charge.

State tax money43%

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

From the state
43%$1.0 million

Fines and other4.6%

Interest, rents and other
4.4%$105 thousand
Fines
0.3%$7 thousand

Where it goes

Running the government and other costs32%Water, sewer, trash and utilities30%Police, fire, courts and jails29%Roads, transit and parking7.1%Interest on debt1.1%Sent to other local governments0.1%

What stands out

29%

of Tremont's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Running the government and other costs
32%$696 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$428 thousand
  • Finance, tax collection and budgeting$243 thousand
  • Government buildings$17 thousand
  • Central staff services (personnel, purchasing, technology)$8 thousand
Water, sewer, trash and utilities
30%$649 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$537 thousand
  • Garbage and solid waste$112 thousand
Police, fire, courts and jails
29%$637 thousand
What's in police, fire, courts and jailsPolice
  • Police$637 thousand
Roads, transit and parking
7.1%$153 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$153 thousand
Interest on debt
1.1%$24 thousand
Sent to other local governments
0.1%$3 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$3 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Tremont. 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 Tremont 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.