Municipal Finances — Thornton, Illinois

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Finances — FY 2024

Source

Total Revenuei

$11.1M

Total Expenditurei

$11.2M

Property Tax Revenuei

$3.1M

28.2%of revenue

Revenue Sources i

Other Intergovernmentali

34.4%$3.8M

Property Taxi

28.2%$3.1M

Charges for Servicesi

10.7%$1.2M

Other Taxesi

6.8%$752K

Federal Sourcesi

4%$445K

State Income Taxi

3.6%$397K

Utility Taxi

2.7%$302K

State Sales Taxi

2.5%$280K

Interesti

1.5%$163K

Local Sales Taxi

1.3%$147K

Replacement Taxi

1%$112K

Motor Fuel Taxi

0.9%$105K

Miscellaneousi

0.9%$98K

Fines & Forfeituresi

0.6%$67K

State Gaming Taxi

0.5%$57K

Licenses & Permitsi

0.4%$46K

Expenditure Categories i

Public Safetyi

50.9%$5.7M

Capital Outlayi

13.8%$1.5M

Transportation / Public Worksi

9.7%$1.1M

General Governmenti

9.3%$1.0M

Public Utilitiesi

8.5%$958K

Debt Servicei

4%$444K

Culture & Recreationi

3.4%$385K

Depreciationi

0.4%$50K

By Fundi

Generali+$308K surplus

$5.3M

$5.0M

Special Revenuei$144K deficit

$4.0M

$4.1M

Capital Projecti$403K deficit

$82K

$485K

Debt Servicei$143K deficit

$299K

$443K

Enterprisei+$255K surplus

$1.3M

$1.0M

Component Unitsi+$49K surplus

$237K

$188K