City government · Madison County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Venice took in $4.0 million and spent $2.5 million.

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

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Where it comes from

State tax money56%City taxes36%Fines and other6.6%Fees for services1.4%County and local tax money0.3%

What stands out

56%

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

City taxes36%

Property tax
32%$1.3 million
Other taxes
4.3%$171 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$166 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services1.4%

Fees for services
1.4%$56 thousand
What's in fees for servicesOther service charges
  • Other service charges$56 thousand

Amounts are by Census type of charge.

State tax money56%

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

From the state
56%$2.2 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$10 thousand

Fines and other6.6%

Interest, rents and other
5.6%$225 thousand
Fines
0.9%$37 thousand

Where it goes

Police, fire, courts and jails36%Running the government and other costs33%Water, sewer, trash and utilities15%Roads, transit and parking12%Housing and community development1.8%All other spending1.0%

What stands out

36%

of Venice'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%

Police, fire, courts and jails
36%$895 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$695 thousand
  • Fire protection$200 thousand
Running the government and other costs
33%$815 thousand
What's in running the government and other costsFinance, tax collection and budgeting and other and not broken out
  • Finance, tax collection and budgeting$465 thousand
  • Other and not broken out$350 thousand
Water, sewer, trash and utilities
15%$371 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$249 thousand
  • Sewer systems$122 thousand
Roads, transit and parking
12%$307 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$307 thousand
Housing and community development
1.8%$45 thousand
Health and hospitals
0.9%$23 thousand
What's in health and hospitalsPublic health
  • Public health$23 thousand
Interest on debt
<0.1%$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Venice. 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 City of Venice 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.