Town Hall · Old

Old, IL town hall & government

Old spent $359,000 in the year to March 31, 2022, about $120 per resident.

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

Town budget

Where Old's money goes

Spent
$359,000
fiscal year to March 31, 2022
Per resident
$120
typical Illinois towns: $116
Long-term debt
None
none outstanding at year end
Roads & transportation
$221,00062%
Administration & buildings
$131,00036%
Health & welfare
$1,000<1%
Other
$6,0002%

Where the money comes from

  • Property taxes 94%
  • From the state 3%
  • Interest, fines & other 3%

Revenue here is well above spending. That usually means Old collects property taxes for the school district and county and passes them on, so only its own spending is counted above.

Town workforce

Who works for Old

Full-time staff
6
9 part-time too
Average full-time pay
$30,100
a year, before benefits
Roads & transportation
6 full-time
Administration & buildings
0 full-time9 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

Tri-Valley Community Unit School District 3

Old's K–12 school district, shared with Downs, Ellsworth, Dawson, Downs and Blue Mound. It is its own government, with a budget separate from the town's.

Spending per pupil
$15,198
Illinois: $21,567
Students
1,080
in the whole district
Long-term debt
$16.9 million
at year end

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

  • Local 63%
  • State 35%
  • Federal 2%

Of the $15,198 per pupil, $9,678 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 Old: McLean County Unit School District 5 ($16,899 per pupil).

Property tax

What homeowners in Old pay

Typical tax bill
$7,524
a year · Illinois typical $5,298
Effective rate
2.18%
of home value · Illinois 2.01%
Typical home value
$345,500
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.

Local

Contact Old's government

Town hall & decisions in Old →

Beyond town hall

Who represents Old

Old is represented in Congress by Senators Richard J. Durbin and Tammy Duckworth and Representatives Darin LaHood and Eric Sorensen. J. B. Pritzker is governor.

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