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SPRINGFIELD CITY finances

Money › Local governments in Illinois

SPRINGFIELD CITY

City or town in Illinois (Sangamon County area). Fiscal year 2024 (year ends 02/28); population 113,273.

Other years: 2024 · 2022

Summary

WhatAmountCensus item codes
Taxes$109.6 millionT
Charges and fees$245.9 millionA
Other general revenue$26.3 millionU
From the federal government$32.4 millionB
From the state government$75.2 millionC
From local governments$6.0 millionD
Spending: current operations$318.5 millionE
Spending: construction$94.9 millionF
Spending: other capital outlay$0G
Spending: interest on debt$54.8 millionI
Spending: assistance and subsidies$0J
Payments to other governments$0L M Q S
General revenue$495.4 millionT A U B C D
Direct spending$468.2 millionE F G I J
Debt at year end$1.3 billion49U + 64V

Spending by function

Function (Census name)Current operations + construction + capital
General NEC$140.0 million
Electric Utilities$125.0 million
Central Staff$48.5 million
Water Utilities$41.1 million
Regular Highways$30.5 million
General Public Bldg-Curr Oper$12.2 million
Sewerage$7.0 million
Libraries$4.7 million
Parks & Rec$3.0 million
Misc Comm Act$1.1 million
Parking$372,000

Every item reported

CodeCensus descriptionAmount
19UBeg LT Debt O/S NEC$1.4 billion
29ULTD ISS-Unsp-Other NEC$74.4 million
39ULTD Ret-Unsp-Other NEC$144.0 million
49ULTD Debt O/S-Unsp-Other NEC$1.3 billion
A60Parking Facilities Charges$224,000
A80Sewerage Charges$8.9 million
A89All Other NEC Charges$4.8 million
A91Water Utilities Revenue$26.4 million
A92Electric Utilities Revenue$205.6 million
B89Federal IG Other$32.4 million
C89State IG Other$75.2 million
D89Local IG Other$6.0 million
E03Misc Comm Act-Current Oper$1.1 million
E31General Public Bldg-Curr Oper$12.2 million
E44Regular Highways-Current Oper$16.4 million
E52Libraries-Current Operation$4.7 million
E60Parking-Current Operation$372,000
E61Parks & Rec-Current Operation$3.0 million
E80Sewerage-Current Operation$7.0 million
E89General NEC-Current Operation$135.9 million
E91Water Utilities-Current Oper$12.9 million
E92Electric Utilities-Current Op$125.0 million
F29Central Staff-Construction$48.5 million
F44Regular Highways-Construction$14.2 million
F89General NEC-Construction$4.1 million
F91Water Utilities-Construction$28.2 million
I89General Interest on Debt$54.8 million
T01Property Tax$47.6 million
T09Total General Sales Taxes$40.4 million
T19Other Selective Sales Taxes$18.6 million
T29Other License Tax$3.0 million
U20Interest Earnings$10.9 million
U30Fines & Forfeits$646,000
U99Misc General Revenue NEC$14.8 million

Source: State and local government finances 2024, annual survey sample of units (U.S. Census Bureau) (U.S. Census Bureau). Collected Nov 14, 2026 11:48 PM CST. Amounts as published (thousands of dollars in the file; shown in dollars). Group totals are sums of item codes by letter. Item code list: Census technical documentation. Government ID 172167162629.