Municipal Finances — Gibson City, Illinois

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Finances — FY 2024

Source

Total Revenuei

$6.1M

Total Expenditurei

$6.8M

Property Tax Revenuei

$2.2M

35.9%of revenue

Revenue vs Expenditurei

$6.1M

$6.8M

Revenue

Expenditure

$677K deficit

Revenue Sources i

Property Taxi

35.9%$2.2M

Charges for Servicesi

27%$1.6M

State Sales Taxi

14%$855K

State Income Taxi

9.3%$569K

Utility Taxi

5.1%$314K

Replacement Taxi

3%$181K

Motor Fuel Taxi

2.5%$152K

State Gaming Taxi

1.8%$109K

Interesti

0.7%$41K

Licenses & Permitsi

0.5%$31K

Miscellaneousi

0.3%$16K

Fines & Forfeituresi

0.1%$5K

Expenditure Categories i

Housingi

29.3%$2.0M

Public Utilitiesi

22.5%$1.5M

Transportation / Public Worksi

14.8%$1.0M

Public Safetyi

12.3%$837K

Capital Outlayi

8.5%$580K

General Governmenti

5.1%$347K

Depreciationi

3.1%$214K

Culture & Recreationi

2.3%$156K

Debt Servicei

1.2%$85K

By Fundi

Generali$456K deficit

$2.1M

$2.6M

Special Revenuei$103K deficit

$2.4M

$2.5M

Enterprisei$118K deficit

$1.6M

$1.7M