Village government · Will County, IL
University Park's money: where it comes from and where it goes
In the latest recorded fiscal year (ended April 30, 2022), University Park took in $2.8 million and spent $964 thousand.
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Where it comes from
What stands out
of University Park's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Village taxes5.4%
State tax money89%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other5.7%
Where it goes
What stands out
of University Park'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%
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 1 more
- Government buildings$588 thousand
- Finance, tax collection and budgeting$161 thousand
- Central staff services (personnel, purchasing, technology)$54 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$161 thousand
Sources and moreWhere these numbers come from and what they cover
Village of University Park. 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 University Park 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.