Municipal Finances — Sterling, 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

$381.3M

+8.3%YoY

Total Expenditurei

$353.1M

+7.1%YoY

Property Tax Revenuei

$7.0M

1.8%of revenue

Revenue vs Expenditurei

$381.3M

$353.1M

Revenue

Expenditure

+$28.1M surplus

Revenue Sources — vs prior yeari

Charges for Servicesi

+11.2%82.5%$314.4M

Miscellaneousi

-21.7%6.9%$26.4M

Interesti

+30.8%4%$15.2M

Property Taxi

+3.7%1.8%$7.0M

State Sales Taxi

+0.5%1.6%$6.1M

Other Taxesi

+6.6%1%$3.8M

State Income Taxi

+7.2%0.7%$2.6M

Federal Sourcesi

+309.7%0.3%$1.2M

Utility Taxi

+9.9%0.3%$1.1M

Replacement Taxi

-35.2%0.2%$756K

Motor Fuel Taxi

+2.9%0.2%$667K

Other Intergovernmentali

-4.8%0.2%$615K

Licenses & Permitsi

-9.8%0.2%$597K

State Gaming Taxi

+5.2%0.1%$475K

Other State Sourcesi

+65.3%0.1%$261K

Fines & Forfeituresi

-24.6%0%$109K

Expenditure Categories — vs prior yeari

Social Servicesi

+10.7%85.8%$303.1M

Other Expendituresi

-30%5%$17.6M

Debt Servicei

-0.8%2.5%$8.8M

Public Safetyi

+15.3%2%$7.0M

Capital Outlayi

+0.3%1.8%$6.3M

Public Utilitiesi

+9.5%1.1%$3.8M

Transportation / Public Worksi

+14.2%0.8%$2.7M

General Governmenti

+15.6%0.6%$2.2M

Culture & Recreationi

+3.1%0.3%$1.1M

Depreciationi

+4.2%0.1%$469K

By Fundi

Generali+$2.4M surplus

$19.7M

$17.3M

Special Revenuei+$609K surplus

$4.3M

$3.7M

Capital Projecti$3.8M deficit

$4.6M

$8.3M

Debt Servicei$2.5M deficit

$3.5M

$6.0M

Enterprisei+$4.7M surplus

$9.0M

$4.3M

Internal Servicei+$874K surplus

$2.5M

$1.7M

Fiduciaryi+$6.7M surplus

$10.5M

$3.9M

Component Unitsi+$19.1M surplus

$327.0M

$307.9M