Village government · Lake County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Wadsworth took in $3.2 million and spent $2.2 million.

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

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Where it comes from

State tax money87%County and local tax money7.6%Village taxes5.0%Fees for services0.4%Fines and other0.2%

What stands out

87%

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

Village taxes5.0%

Other taxes
4.1%$132 thousand
What's in other taxesOther licenses
  • Other licenses$132 thousand

Amounts are by Census tax category.

Property tax
0.9%$29 thousand

Fees for services0.4%

Fees for services
0.4%$12 thousand
What's in fees for servicesOther service charges
  • Other service charges$12 thousand

Amounts are by Census type of charge.

State tax money87%

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

From the state
87%$2.8 million

County and local tax money7.6%

Money passed on by the county or other local governments.

From the county and other local governments
7.6%$248 thousand

Fines and other0.2%

Fines
0.2%$5 thousand
Interest, rents and other
<0.1%$1 thousand

Where it goes

Roads, transit and parking58%Running the government and other costs37%Police, fire, courts and jails3.5%Parks, recreation and libraries1.0%

What stands out

58%

of Wadsworth's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
58%$1.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.3 million
Running the government and other costs
37%$827 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$827 thousand
Police, fire, courts and jails
3.5%$77 thousand
What's in police, fire, courts and jailsInspections and regulation and police
  • Inspections and regulation$55 thousand
  • Police$22 thousand
Parks, recreation and libraries
1.0%$22 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$22 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Wadsworth. 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 Wadsworth 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.