Village government · Hancock County, IL

West Point's money: where it comes from and where it goes

In the latest recorded fiscal year (ended April 30, 2022), West Point took in $132 thousand and spent $143 thousand.

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

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Where it comes from

Fees for services (water)48%State tax money33%Fines and other15%Village taxes4.5%

What stands out

33%

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

Village taxes4.5%

Property tax
4.5%$6 thousand

Fees for services48%

Fees for services
48%$63 thousand
What's in fees for servicesWater
  • Water$63 thousand

Amounts are by Census type of charge.

State tax money33%

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

From the state
33%$43 thousand

Fines and other15%

Interest, rents and other
15%$20 thousand

Where it goes

Water, sewer, trash and utilities52%Roads, transit and parking30%Running the government and other costs15%Parks, recreation and libraries3.5%

What stands out

30%

of West Point'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%

Water, sewer, trash and utilities
52%$74 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$74 thousand
Roads, transit and parking
30%$43 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$43 thousand
Running the government and other costs
15%$21 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$21 thousand
Parks, recreation and libraries
3.5%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Sources and moreWhere these numbers come from and what they cover

Village of West Point. 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 West Point 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.