Municipal Finances — Virginia, Illinois

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Finances — FY 2024

Source

Total Revenuei

$2.8M

Total Expenditurei

$2.8M

Property Tax Revenuei

$399K

14.5%of revenue

Revenue vs Expenditurei

$2.8M

Revenue

Expenditure

$45K deficit

Revenue Sources i

Charges for Servicesi

45.4%$1.3M

Property Taxi

14.5%$399K

State Income Taxi

9.1%$252K

State Sales Taxi

6.3%$173K

Other State Sourcesi

5.8%$160K

Miscellaneousi

5.4%$149K

Other Taxesi

2.9%$81K

Interesti

2.9%$81K

State Gaming Taxi

2.6%$73K

Motor Fuel Taxi

2.4%$66K

Replacement Taxi

1.9%$53K

Licenses & Permitsi

0.4%$12K

Fines & Forfeituresi

0.2%$6K

Expenditure Categories i

Depreciationi

34.2%$957K

Public Utilitiesi

19.2%$537K

General Governmenti

16.8%$470K

Transportation / Public Worksi

10%$280K

Culture & Recreationi

8.2%$229K

Public Safetyi

6.1%$172K

Other Expendituresi

2.1%$60K

Social Servicesi

2%$56K

Debt Servicei

1.4%$40K

By Fundi

Generali+$348K surplus

$1.1M

$734K

Special Revenuei$4K deficit

$495K

$499K

Enterprisei$394K deficit

$1.2M

$1.6M

Fiduciaryi+$5K surplus

$5K

$0