Municipal Finances — Lockport, Illinois

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Finances — FY 2024

Source

Total Revenuei

$63.7M

Total Expenditurei

$51.1M

Property Tax Revenuei

$8.7M

13.6%of revenue

Revenue Sources i

Charges for Servicesi

27.5%$17.5M

Miscellaneousi

14.9%$9.5M

State Sales Taxi

13.9%$8.8M

Property Taxi

13.6%$8.7M

State Income Taxi

7%$4.4M

Other State Sourcesi

5.7%$3.6M

Licenses & Permitsi

4.5%$2.8M

Interesti

3.8%$2.4M

Federal Sourcesi

2.5%$1.6M

Utility Taxi

2.2%$1.4M

Motor Fuel Taxi

1.9%$1.2M

Fines & Forfeituresi

1.3%$822K

State Gaming Taxi

1%$658K

Replacement Taxi

0.2%$135K

Other Intergovernmentali

0.1%$49K

Expenditure Categories i

Capital Outlayi

21.1%$10.8M

Public Safetyi

20.5%$10.5M

Transportation / Public Worksi

11.8%$6.0M

Public Utilitiesi

7.5%$3.8M

General Governmenti

7%$3.6M

Depreciationi

6.9%$3.5M

Debt Servicei

4.9%$2.5M

Other Expendituresi

4%$2.0M

By Fundi

Generali+$4.0M surplus

$23.3M

$19.2M

Special Revenuei+$1.1M surplus

$1.9M

$799K

Capital Projecti$3.4M deficit

$7.4M

$10.8M

Debt Servicei$1.2M deficit

$1.1M

$2.3M

Enterprisei+$8.1M surplus

$24.0M

$15.9M

Internal Servicei+$0 surplus

$12K

Fiduciaryi+$3.8M surplus

$5.8M

$2.0M