Town Hall · Cold Spring

Cold Spring, IL town hall & government

Cold Spring spent $173,000 in the year to March 31, 2022, about $401 per resident.

Where the money goes, where it comes from, property taxes, and how to reach Cold Spring's government.

Town budget

Where Cold Spring's money goes

Spent
$173,000
fiscal year to March 31, 2022
Per resident
$401
typical Illinois towns: $116
Long-term debt
$10,000
$23 per resident
Roads & transportation
$118,00068%
Administration & buildings
$20,00012%
Other
$35,00020%

Where the money comes from

  • Property taxes 62%
  • Interest, fines & other 29%
  • From the state 8%
  • Fees & charges 2%
Town workforce

Who works for Cold Spring

Full-time staff
7
7 part-time too
Average full-time pay
$50,900
a year, before benefits
Administration & buildings
7 full-time
Roads & transportation
0 full-time7 part

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.

Schools · school year 2023–24

Pana Community Unit School District 8

Cold Spring's K–12 school district, shared with Oconee, Pana, Tower Hill, Tower Hill, Rosamond and Pana. It is its own government, with a budget separate from the town's.

Spending per pupil
$15,082
Illinois: $21,567
Students
1,151
in the whole district
Long-term debt
$20 million
at year end

Where the district's money comes from Illinois districts overall: 52% local, 38% state, 10% federal

  • Local 33%
  • State 48%
  • Federal 18%

Of the $15,082 per pupil, $8,625 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.

Also serving Cold Spring: Cowden-Herrick Community Unit School District 3A ($17,221 per pupil) · Shelbyville Community Unit School District 4 ($14,289 per pupil).

Property tax

What homeowners in Cold Spring pay

Typical tax bill
$3,467
a year · Illinois typical $5,298
Effective rate
1.78%
of home value · Illinois 2.01%
Typical home value
$194,900
owner-occupied

The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate. In a town this small the survey estimate has a wide margin.

Local

Contact Cold Spring's government

Town hall & decisions in Cold Spring →

Beyond town hall

Who represents Cold Spring

Cold Spring is represented in Congress by Senators Richard J. Durbin and Tammy Duckworth and Representative Mary E. Miller. J. B. Pritzker is governor.

All of Cold Spring's representatives, with contacts →

Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.

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You’re in Cold Spring, ILShelby CountyView boundary

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01