Panama, IL town hall & government
Panama spent $294,000 in the year to April 30, 2022, about $948 per resident.
Where the money goes, where it comes from, property taxes, and how to reach Panama's government.
Where Panama's money goes
Where the money comes from
- From the state 28%
- Utility sales 23%
- From the federal government 18%
- Interest, fines & other 17%
- Fees & charges 8%
- Sales taxes 3%
- Property taxes 3%
- Other taxes & licenses <1%
Who works for Panama
Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.
Hillsboro Community Unit School District 3
Panama's K–12 school district, shared with Butler, Coffeen, Donnellson, East Fork, Irving and Schram City. It is its own government, with a budget separate from the town's.
Where the district's money comes from Illinois districts overall: 52% local, 38% state, 10% federal
- Local 40%
- State 48%
- Federal 12%
Of the $15,125 per pupil, $8,834 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.
Which schools Panama kids attend, test scores and graduation rate →
What homeowners in Panama pay
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.
Contact Panama's government
Who represents Panama
Panama is represented in Congress by Senators Richard J. Durbin and Tammy Duckworth and Representative Mary E. Miller. J. B. Pritzker is governor.
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.