Municipal Finances — Carmi, Illinois

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Finances — FY 2024

Source

Total Revenuei

$19.0M

Total Expenditurei

$16.9M

Property Tax Revenuei

$747K

3.9%of revenue

Revenue vs Expenditurei

$19.0M

$16.9M

Revenue

Expenditure

+$2.1M surplus

Revenue Sources i

Charges for Servicesi

58.8%$11.2M

State Sales Taxi

13%$2.5M

Miscellaneousi

6.6%$1.3M

Other State Sourcesi

5.8%$1.1M

State Income Taxi

4.4%$837K

Property Taxi

3.9%$747K

Utility Taxi

1.9%$368K

Federal Sourcesi

1.2%$235K

Motor Fuel Taxi

1.1%$216K

Interesti

1.1%$210K

Fines & Forfeituresi

0.9%$166K

State Gaming Taxi

0.7%$137K

Replacement Taxi

0.2%$43K

Licenses & Permitsi

0.1%$18K

Other Taxesi

0.1%$10K

Other Intergovernmentali

0%$6K

Expenditure Categories i

Public Utilitiesi

55.6%$9.4M

General Governmenti

13.7%$2.3M

Public Safetyi

8.5%$1.4M

Transportation / Public Worksi

7.6%$1.3M

Culture & Recreationi

4.7%$787K

Depreciationi

4.6%$774K

Other Expendituresi

2.1%$361K

Debt Servicei

1.7%$285K

Capital Outlayi

1.5%$250K

By Fundi

Generali+$88K surplus

$5.1M

$5.0M

Special Revenuei$276K deficit

$864K

$1.1M

Enterprisei+$2.0M surplus

$12.3M

$10.3M

Fiduciaryi+$295K surplus

$774K

$479K