Village of Savoy
Village of Savoy is a home rule municipal corporation in Champaign County, Illinois, serving nearly 9,000 residents with fire, public works, parks, building safety, and contracted law enforcement services, funded by property, sales, hotel, motor fuel, and grocery taxes.
- Company typePrivate
- Founded1956
- HeadquartersSavoy, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Village of Savoy does
Village of Savoy is a home rule municipal corporation incorporated on April 10, 1956, serving approximately 8,857 residents in Champaign County, Illinois. It is governed by an elected Village President and six Village Trustees operating from the Robert C. McCleary Municipal Center, and delivers a portfolio of government services including fire suppression and emergency response (Fire Department), infrastructure maintenance (Public Works), community development and building safety, parks and recreation programming, and contracted law enforcement through the Champaign County Sheriff's Office. The Village also administers locally imposed taxes and permitting.
Underlying service delivery runs on conventional municipal technology platforms: a Revize-powered website, Laserfiche for public document management, the Magic Collect online payment portal, and RecDesk for community recreation registration. Building safety operations are governed by the 2024 International Code Council series and the 2023 National Electric Code (NFPA 70). Utility services are delivered through infrastructure partners Ameren Illinois (electric), Illinois American Water (water), and Urbana-Champaign Sanitary District (wastewater).
Revenue is generated through a diversified set of statutory and home rule taxes and fees: a property tax rate of 0.7331, a 1.5% home rule sales tax (combined 9% rate), a 5% hotel tax covering short-term rentals, a $0.05/gallon local motor fuel tax, a 1% local grocery tax extended by ordinance in August 2025, and permit and fee revenue from building and development activity. The FY 2025-2026 General Fund revenue is $9,838,146 against $7,417,940 in operational expenses and a $6,166,409 capital budget. The Village employs 104 staff (37 full-time, 67 part-time) and pursues economic development leveraging its geographic position near I-57, US 45, the University of Illinois, and Willard Airport.
Village of Savoy firmographics
Firmographics- Name
- Village of Savoy
- Legal name
- Village of Savoy
- Website
- https://savoy.illinois.gov
- Company type
- Private
- Founded year
- 1956
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Village of Savoy is a home rule municipal corporation in Champaign County, Illinois, serving nearly 9,000 residents with fire, public works, parks, building safety, and contracted law enforcement services, funded by property, sales, hotel, motor fuel, and grocery taxes.
- Ownership category
- akta.pro rank
Village of Savoy industry classification
Industry- Product category
- Municipal Government Services
- NAICS
- Executive Offices (921110), Administration of Housing Programs, Urban Planning, and Community Development (925), Nature Parks and Other Similar Institutions (71219)
- akta.pro primary industry
- City Clerk/Records, Elections & Civic Engagement (BPAIACAB)
- akta.pro secondary industries
- Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE), Parks, Recreation & Cultural Services (BPAIACAI)
Keywords
Where Village of Savoy is headquartered
LocationHeadquarters
- HQ city
- Savoy
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Village of Savoy business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Others, Technology or R&D
Revenue model
- Property Tax: Village's current property tax rate is 0.7331. This is the primary revenue source for municipal operations.
- Sales Tax (Home Rule): Village imposes a 1.5% home-rule sales tax on qualifying purchases. Total combined rate: 9% (State 6.25%, Village 1.5%, Champaign County School Facility 1%, County Public Safety 0.25%).
- Hotel Tax: 5% tax on hotel room rentals, including short-term rentals like Airbnb and VRBO.
- Local Motor Fuel Tax (LMFT): $0.05 per gallon tax on non-diesel and diesel fuel sold at retail or purchased in bulk. Administered by the Village.
- Grocery Tax: 1% local grocery tax, continued through August 2025 ordinance. Previously statewide tax eliminated by State effective January 1, 2026, but maintained locally.
- Permit and Fee Revenue: Revenue from building permits, variance applications, and various municipal fees. Monthly permit reports are published tracking permit issuance, square footage, and project costs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Property Tax |
| Transaction based/ take rate | Pay-as-you-go | Sales Tax |
| Transaction based/ take rate | Pay-as-you-go | Hotel Tax |
| Transaction based/ take rate | Pay-as-you-go | Motor Fuel Tax |
| Transaction based/ take rate | Pay-as-you-go | Grocery Tax |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Village of Savoy product offering
Product offeringCore offering
Village of Savoy is a home rule municipal corporation delivering local government services to approximately 9,000 residents in Champaign County, Illinois. Its core offerings include fire suppression and emergency services, public works (roads, parks, sidewalks, snow removal), community and economic development, building safety inspections and permitting, parks and recreation programming, tax collection, and contracted law enforcement through the Champaign County Sheriff's Office.
Product overview
The Village of Savoy operates as a home rule municipal corporation offering a portfolio of government services to its nearly 9,000 residents. The primary service departments include the Office of Management and Budget (administrative and financial management), Community and Economic Development (urban planning, building safety, and economic programs), Fire Department (fire suppression and emergency services), Public Works (infrastructure maintenance), and Parks and Recreation (recreational programming). The Village also administers tax collection services including hotel, motor fuel, property, and sales taxes. These services collectively serve residents, businesses, and developers within the Village.
Differentiator
Problem solved
Functional benefit
Products and services
- Office of Management and Budget Implements direction from the Village President and Board of Trustees, managing daily operations of the Village including administrative, communication, and legislative services. Also handles bid opportunities, employment opportunities, local tax information, and public hearings.
- Community and Economic Development Responsible for implementing the Village's economic development program, overseeing urban planning needs, development codes, code compliance, and connecting businesses with resources for growth within the Village.
- Building Safety Division Administers building permits, inspections, and enforces the 2024 ICC codes and 2023 National Electric Code (NFPA 70) for construction safety compliance.
- Fire Department Provides fire suppression, fire safety, and emergency medical services to Village residents and businesses.
- Public Works Department Maintains public facilities and infrastructure including roads, parks, sidewalks, and provides snow and ice removal services along with stormwater management and tree cost sharing programs.
- Parks and Recreation Department Offers unique and engaging recreation programming for residents of all ages and capabilities through the RecDesk community platform.
- Tax Collection Services Administers locally imposed taxes including hotel tax (5%), local motor fuel tax ($0.05/gallon), property tax (0.7331 rate), and home-rule sales tax (1.5%).
- Law Enforcement Services Law enforcement services provided through a contract with the Champaign County Sheriff's Office (CCSO) rather than maintaining a separate municipal police department.
Quantifiable outcome
- Population growth from 8,857 with multicultural and growing population base
- +1 more outcomes
Companies that use Village of Savoy
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Village of Savoy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Village of Savoy partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, major and minor.
- Champaign County Sheriff's Office (CCSO)coreVillage contracts law enforcement services with the Champaign County Sheriff's Office. The CCSO plays a vital role in maintaining Savoy as a peaceful and safe community. The department is led by a county-wide elected Sheriff.
- Ameren IllinoiscoreProvides reliable power services to properties within the Village. Critical infrastructure partner for economic development and business operations.
- Illinois American WatercoreProvides clean water services to properties within the Village. Essential utility partner for development.
- Urbana-Champaign Sanitary DistrictcoreProvides wastewater services to most properties within the Village. Key infrastructure partner for development projects.
- University of IllinoismajorVocational and classroom educational opportunities provider. Collaborates with Village on workforce development, student initiatives, and community programs.
- Parkland CollegemajorProvides vocational and classroom educational opportunities. Partner in workforce development and preparing residents for available careers.
- U.S. Small Business AdministrationminorListed as an economic development resource for businesses. SBA provides resources for small business development and growth.
- Illinois Department of Commerce and Economic OpportunityminorState economic development resource. Listed as a resource for businesses and developers seeking growth support.
- Champaign County Economic Development CorporationminorRegional economic development partner. Collaborates on business attraction and retention efforts in Champaign County.
- Champaign County Chamber of CommerceminorBusiness membership organization. Resource for local businesses seeking networking and advocacy support.
- Champaign County Black Chamber of CommerceminorRepresents and supports Black-owned businesses in the region. Listed as resource for inclusive economic development.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Village of Savoy competitors and assessment
Company assessmentOthers
- CivicPlus: Provider of municipal government website platforms, citizen engagement, and operational software (e.g., Revize CMS used by Savoy). Functionally adjacent ecosystem enabler rather than a direct competitor.
- Granicus: Government technology vendor offering websites, public records, and civic engagement tools widely used by municipalities similar in size to Savoy. Provides the digital communication infrastructure that enables resident-facing service delivery.
- OpenGov: Government technology vendor offering budgeting, procurement, and transparency software used by municipalities of comparable size to Savoy. Operates as an ecosystem partner enabling back-office municipal operations.
- Tyler Technologies: Provider of municipal government software (ERP, permitting, citizen services, payroll) that supplies the underlying technology platforms on which Village of Savoy and comparable municipalities operate. Not a competitor, but a key ecosystem partner for municipal service delivery.
Broad incumbents
- City of Champaign, IL: Larger adjacent municipality that competes with Savoy for University of Illinois–driven residential, retail, and commercial development. Operates the same municipal service categories (public safety, public works, community development, parks) at meaningfully greater scale.
- City of Urbana, IL: Adjacent larger municipality providing the same core municipal service portfolio as Savoy. Competes for the same Champaign-Urbana metro developer pipeline and provides a benchmark for service delivery scale and economic development capacity.
- Champaign County, IL: County government that provides contracted law enforcement to Savoy via the Champaign County Sheriff's Office. Operates overlapping public-sector administrative functions (community development, public safety, public works) at a broader geographic scale.
Direct peers
- Village of St. Joseph, IL: Nearby Champaign County village of similar small-town scale and municipal structure. Directly comparable in service mix, tax authority, and economic development posture, and competes for residential and commercial growth in the same regional market.
- Village of Tolono, IL: Champaign County village with overlapping municipal service profile and small-scale operations. Savoy's Village President concurrently serves as Deputy Chief of Police in Tolono, evidencing direct functional overlap and operational comparability.
- Village of Mahomet, IL: Adjacent Champaign County village of broadly comparable population and home rule municipal structure. Provides the same core municipal services (public safety, public works, community development, parks and recreation) and competes for the same developer and residential growth in the Champaign-Urbana metro.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Village of Savoy social profiles
Digital presenceVillage of Savoy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Village of Savoy leadership team
Management profileNumber of profiles
Profiles7 records
Village of Savoy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Village of Savoy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Village of Savoy
What does Village of Savoy do?
Village of Savoy is a home rule municipal corporation delivering local government services to approximately 9,000 residents in Champaign County, Illinois. Its core offerings include fire suppression and emergency services, public works (roads, parks, sidewalks, snow removal), community and economic development, building safety inspections and permitting, parks and recreation programming, tax collection, and contracted law enforcement through the Champaign County Sheriff's Office.
Is Village of Savoy a public or private company?
Village of Savoy is a private company. It is classified as state government owned and is currently operating.
When was Village of Savoy founded?
Village of Savoy was founded in 1956. It employs 11 to 50 people.
Where is Village of Savoy based?
Village of Savoy is headquartered in Savoy, United States, in the North America region.
How does Village of Savoy make money?
Six revenue lines are on record. Property Tax is the primary driver. The others are sales Tax (Home Rule), hotel Tax, local Motor Fuel Tax (LMFT), grocery Tax and permit and Fee Revenue.
Who are Village of Savoy's main competitors?
Others on record are CivicPlus, Granicus, OpenGov and Tyler Technologies. Broad incumbents are City of Champaign, IL, City of Urbana, IL and Champaign County, IL. Direct peers are Village of St. Joseph, IL, Village of Tolono, IL and Village of Mahomet, IL.
Does Village of Savoy have an API?
No public API is recorded for Village of Savoy.
What industry is Village of Savoy in?
Village of Savoy's product category is Municipal Government Services. Its primary akta.pro industry code is BPAIACAB, City Clerk/Records, Elections & Civic Engagement, with a secondary code of BPAIANAE, Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives). Its NAICS code is 921110.