Municipal Finances — Springfield, 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

$633.7M

+1.6%YoY

Total Expenditurei

$609.3M

+9.3%YoY

Property Tax Revenuei

$49.8M

7.9%of revenue

Revenue vs Expenditurei

$633.7M

$609.3M

Revenue

Expenditure

+$24.4M surplus

Revenue Sources — vs prior yeari

Charges for Servicesi

+3.4%46.5%$294.4M

Miscellaneousi

-8.1%8.5%$54.1M

Interesti

-6.2%8.3%$52.8M

Property Taxi

+4.8%7.9%$49.8M

Local Sales Taxi

+3.7%6.6%$41.9M

State Sales Taxi

+5%6.3%$39.9M

Federal Sourcesi

-25.1%3.8%$24.3M

State Income Taxi

+6.7%3.1%$19.7M

Other Taxesi

+2.7%3%$19.1M

Other Intergovernmentali

+139.9%2.3%$14.4M

Other State Sourcesi

+65.8%1.6%$10.0M

Motor Fuel Taxi

+3%0.8%$5.2M

Replacement Taxi

-41.4%0.7%$4.5M

Licenses & Permitsi

-5.7%0.5%$2.9M

Fines & Forfeituresi

+15.4%0.1%$746K

Expenditure Categories — vs prior yeari

Public Utilitiesi

+25.4%28.4%$172.9M

Other Expendituresi

+14.7%19.6%$119.3M

Public Safetyi

+4.4%19.2%$117.1M

Capital Outlayi

-12.1%9.4%$57.5M

Depreciationi

+10.7%6.2%$37.6M

Debt Servicei

-3.6%5%$30.2M

Transportation / Public Worksi

-6.2%4.8%$29.0M

General Governmenti

+8.2%4.6%$28.2M

Culture & Recreationi

+9.1%1.4%$8.4M

Social Servicesi

+113.8%0.4%$2.3M

By Fundi

Generali$6.2M deficit

$167.5M

$173.6M

Special Revenuei$6.4M deficit

$50.5M

$56.9M

Capital Projecti$14.0M deficit

$27.8M

$41.8M

Enterprisei+$25.5M surplus

$264.7M

$239.1M

Internal Servicei$7.4M deficit

$48.7M

$56.1M

Fiduciaryi+$32.8M surplus

$74.6M

$41.8M