Town Hall · Wallace

Wallace, IL town hall & government

Wallace spent $324,000 in the year to February 28, 2022, about $698 per resident.

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

Town budget

Where Wallace's money goes

Spent
$324,000
fiscal year to February 28, 2022
Per resident
$698
typical Illinois towns: $116
Long-term debt
$388,000
$836 per resident
Roads & transportation
$264,00081%
Administration & buildings
$43,00013%
Interest on debt
$17,0005%

Where the money comes from

  • Property taxes 70%
  • From the state 29%
  • Interest, fines & other <1%

Revenue here is well above spending. That usually means Wallace 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 Wallace

Full-time staff
0
5 part-time too
Roads & transportation
0 full-time3 part
Administration & buildings
0 full-time2 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

Ottawa Township High School District 140

Wallace's high school district, shared with Dayton, Fall River, Freedom, Grand Ridge, Naplate and Ottawa. It is its own government, with a budget separate from the town's.

Spending per pupil
$18,784
Illinois: $21,567
Students
1,270
in the whole district
Long-term debt
$2.6 million
at year end

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

  • Local 58%
  • State 37%
  • Federal 5%

Of the $18,784 per pupil, $11,079 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 Wallace: Wallace Community Consolidated School District 195 ($17,088 per pupil).

Property tax

What homeowners in Wallace pay

Typical tax bill
$4,833
a year · Illinois typical $5,298
Effective rate
1.94%
of home value · Illinois 2.01%
Typical home value
$249,600
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 Wallace's government

Town hall & decisions in Wallace →

Beyond town hall

Who represents Wallace

Wallace is represented in Congress by Senators Richard J. Durbin and Tammy Duckworth and Representative Lauren Underwood. J. B. Pritzker is governor.

All of Wallace'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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Wallace

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