Municipal Finances — Colchester, Illinois

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Finances — FY 2024

Source

Total Revenuei

$1.4M

Total Expenditurei

$1.4M

Property Tax Revenuei

$184K

13.4%of revenue

Revenue vs Expenditurei

$1.4M

Revenue

Expenditure

$48K deficit

Revenue Sources i

Charges for Servicesi

54.1%$744K

Property Taxi

13.4%$184K

State Income Taxi

13.3%$183K

State Sales Taxi

9.6%$132K

Motor Fuel Taxi

3.5%$49K

Interesti

2.3%$32K

Licenses & Permitsi

1.2%$17K

Replacement Taxi

1.1%$15K

Miscellaneousi

0.9%$13K

Fines & Forfeituresi

0.2%$3K

State Gaming Taxi

0.2%$3K

Expenditure Categories i

Public Utilitiesi

24.5%$349K

Depreciationi

13.3%$190K

General Governmenti

13.3%$190K

Transportation / Public Worksi

10.6%$151K

Public Safetyi

9.6%$137K

Other Expendituresi

3.7%$53K

Debt Servicei

3.5%$49K

Culture & Recreationi

2.2%$31K

By Fundi

Generali+$6K surplus

$614K

$609K

Special Revenuei+$57K surplus

$142K

$85K

Enterprisei$110K deficit

$618K

$728K