Village government · Grundy County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Verona took in $136 thousand and spent $118 thousand.

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

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Where it comes from

Village taxes29%State tax money29%Fees for services (sewer)26%Fines and other15%

What stands out

29%

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

Village taxes29%

Property tax
17%$23 thousand
Other taxes
13%$17 thousand
What's in other taxesPublic utility taxes and other selective sales taxes
  • Public utility taxes$9 thousand
  • Other selective sales taxes$8 thousand

Amounts are by Census tax category.

Fees for services26%

Fees for services
26%$35 thousand
What's in fees for servicesSewer
  • Sewer$35 thousand

Amounts are by Census type of charge.

State tax money29%

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

From the state
29%$40 thousand

Fines and other15%

Interest, rents and other
15%$21 thousand

Where it goes

Running the government and other costs92%Roads, transit and parking6.8%Interest on debt1.7%

What stands out

92%

of Verona'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
92%$108 thousand
What's in running the government and other costsOther and not broken out and finance, tax collection and budgeting
  • Other and not broken out$56 thousand
  • Finance, tax collection and budgeting$52 thousand
Roads, transit and parking
6.8%$8 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$8 thousand
Interest on debt
1.7%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Verona. 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 Verona 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.