City government · McHenry County, IL

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

In the latest recorded fiscal year (ended April 30, 2024), Woodstock took in $50.3 million and spent $58.5 million.

Latest recorded year: ended April 30, 2024Comes fromGoes to

See every government that serves your ZIP

Where it comes from

City taxes32%State tax money28%Fees for services (water, garbage collection)21%Fines and other18%County and local tax money1.9%

What stands out

28%

of Woodstock's money comes from state tax money.A typical U.S. city of 10,000 to 50,000 people gets 7%.

City taxes32%

Property tax
23%$11.5 million
Sales tax
7.3%$3.7 million
Other taxes
2.3%$1.2 million
What's in other taxesOther selective sales taxes; public utility taxes and 1 more
  • Other selective sales taxes$637 thousand
  • Public utility taxes$278 thousand
  • Other licenses$237 thousand

Amounts are by Census tax category.

Fees for services21%

Fees for services
21%$10.4 million
What's in fees for servicesWater; garbage collection and 2 more
  • Water$6.8 million
  • Garbage collection$1.7 million
  • Parks and recreation$1.0 million
  • Other service charges$774 thousand

Amounts are by Census type of charge.

State tax money28%

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

From the state
28%$13.8 million

County and local tax money1.9%

Money passed on by the county or other local governments.

From the county and other local governments
1.9%$944 thousand

Fines and other18%

Interest, rents and other
15%$7.8 million
Fines
2.2%$1.1 million

Where it goes

Running the government and other costs30%Roads, transit and parking21%Parks, recreation and libraries16%Police, fire, courts and jails15%Water, sewer, trash and utilities14%Interest on debt4.6%

What stands out

16%

of Woodstock's spending goes to parks, recreation and libraries.A typical U.S. city of 10,000 to 50,000 people spends 5.6%.

Spending by category100%

Running the government and other costs
30%$17.3 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$10.6 million
  • Finance, tax collection and budgeting$6.4 million
  • Central staff services (personnel, purchasing, technology)$244 thousand
Roads, transit and parking
21%$12.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$12.1 million
Parks, recreation and libraries
16%$9.3 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$6.9 million
  • Libraries$2.4 million
Police, fire, courts and jails
15%$8.8 million
What's in police, fire, courts and jailsPolice
  • Police$8.8 million
Water, sewer, trash and utilities
14%$8.3 million
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$8.3 million
Interest on debt
4.6%$2.7 million
Sources and moreWhere these numbers come from and what they cover

City of Woodstock. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended April 30, 2024.

What this covers. The money of City of Woodstock 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.