Town Hall · Waterloo

Waterloo, IL town hall & government

Waterloo spent $28.4 million in the year to April 30, 2022, about $2,695 per resident.

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

Town budget

Where Waterloo's money goes

Spent
$28.4 million
fiscal year to April 30, 2022
Per resident
$2,695
typical Illinois cities: $1,403
Long-term debt
None
none outstanding at year end
Water & other utilities
$17 million60%
Police
$3.6 million13%
Roads & transportation
$3.3 million12%
Administration & buildings
$1.2 million4%
Sewer & trash
$1.2 million4%
Parks & libraries
$505,0002%
Paid to other governments
$17,000<1%
Other
$1.5 million5%

Where the money comes from

  • Utility sales 59%
  • From the state 23%
  • Fees & charges 10%
  • Property taxes 5%
  • Sales taxes 2%
  • Interest, fines & other 1%
  • Other taxes & licenses 1%
Town workforce

Who works for Waterloo

Full-time staff
59
37 part-time too
Average full-time pay
$85,700
a year, before benefits
Sworn police officers
17
full-time, with power of arrest
Administration & buildings
8 full-time27 part
Police
18 full-time5 part
Water & other utilities
20 full-time
Parks & libraries
3 full-time5 part
Roads & transportation
5 full-time
Sewer & trash
3 full-time
Other
2 full-time

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

Schools · school year 2023–24

Waterloo Community Unit School District 5

Waterloo's K–12 school district, shared with Hecker. It is its own government, with a budget separate from the town's.

Spending per pupil
$13,843
Illinois: $21,567
Students
2,742
in the whole district
Long-term debt
$31.4 million
at year end

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

  • Local 62%
  • State 35%
  • Federal 4%

Of the $13,843 per pupil, $8,574 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.

Property tax

What homeowners in Waterloo pay

Typical tax bill
$4,198
a year · Illinois typical $5,298
Effective rate
1.68%
of home value · Illinois 2.01%
Typical home value
$249,500
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 Waterloo's government

🏛️ Official websitewaterloo.il.us ↗

Town hall & decisions in Waterloo →

Beyond town hall

Who represents Waterloo

Waterloo is represented in Congress by Senators Richard J. Durbin and Tammy Duckworth and Representative Mike Bost. J. B. Pritzker is governor.

All of Waterloo'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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Waterloo

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