Municipal Finances — Salem, Illinois

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Showing latest fiscal year with year-over-year changes. Full budget history available with a paid plan. View plans →

Finances — FY 2025

Source

Total Revenuei

$20.0M

-2.5%YoY

Total Expenditurei

$17.7M

+2.2%YoY

Property Tax Revenuei

$3.6M

18%of revenue

Revenue vs Expenditurei

$20.0M

$17.7M

Revenue

Expenditure

+$2.3M surplus

Revenue Sources — vs prior yeari

Charges for Servicesi

-6.9%41.1%$8.2M

Property Taxi

+0.3%18%$3.6M

State Sales Taxi

-0.1%15.6%$3.1M

Interesti

+3.8%7.1%$1.4M

State Income Taxi

+7.2%6.5%$1.3M

Miscellaneousi

-17%4.6%$913K

Licenses & Permitsi

+413.6%1.8%$351K

Motor Fuel Taxi

+2.9%1.6%$329K

State Gaming Taxi

+7.9%1.4%$278K

Other State Sourcesi

-22.4%1.3%$256K

Replacement Taxi

-33.7%0.8%$170K

Fines & Forfeituresi

-5.3%0.3%$57K

Expenditure Categories — vs prior yeari

Public Utilitiesi

-2.4%38.3%$6.8M

Public Safetyi

+4.2%17.4%$3.1M

General Governmenti

+4.4%14%$2.5M

Other Expendituresi

+19.7%7.4%$1.3M

Depreciationi

-1.9%6.1%$1.1M

Transportation / Public Worksi

+8.9%5.7%$1.0M

Capital Outlayi

-4.8%4.8%$843K

Culture & Recreationi

+19%3.2%$570K

Debt Servicei

+5.9%2.3%$400K

Social Servicesi

-10%0.9%$153K

By Fundi

Generali$151K deficit

$6.7M

$6.9M

Special Revenuei$459K deficit

$1.3M

$1.8M

Capital Projecti+$249K surplus

$623K

$374K

Enterprisei+$2.3M surplus

$10.2M

$7.9M

Fiduciaryi+$291K surplus

$1.1M

$839K