Village government · Cook County, IL

Franklin Park's money: where it comes from and where it goes

In the latest recorded fiscal year (ended April 30, 2024), Franklin Park took in $94.4 million and spent $105 million.

Latest recorded year: ended April 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fines and other32%Village taxes32%Fees for services (water, sewer)19%State tax money16%

What stands out

14%

of Franklin Park's money comes from fines.Most U.S. cities of 10,000 to 50,000 people get none.

Village taxes32%

Property tax
23%$22.0 million
Other taxes
9.1%$8.5 million
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$4.8 million
  • Other licenses$3.7 million

Amounts are by Census tax category.

Fees for services19%

Fees for services
19%$18.1 million
What's in fees for servicesWater; sewer and 3 more
  • Water$8.5 million
  • Sewer$5.8 million
  • Other service charges$2.0 million
  • Garbage collection$1.7 million
  • Parking$97 thousand

Amounts are by Census type of charge.

State tax money16%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
16%$15.3 million

Fines and other32%

Interest, rents and other
18%$17.4 million
Fines
14%$13.1 million

Where it goes

Water, sewer, trash and utilities27%Police, fire, courts and jails24%Roads, transit and parking23%Running the government and other costs21%Interest on debt4.4%Health and hospitals0.4%

What stands out

23%

of Franklin Park's spending goes to roads, transit and parking.A typical U.S. city of 10,000 to 50,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
27%$28.1 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$25.5 million
  • Garbage and solid waste$2.2 million
  • Sewer systems$409 thousand
Police, fire, courts and jails
24%$25.2 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$15.1 million
  • Fire protection$9.1 million
  • Inspections and regulation$999 thousand
Roads, transit and parking
23%$24.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$24.4 million
Running the government and other costs
21%$22.0 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$8.2 million
  • Central staff services (personnel, purchasing, technology)$7.1 million
  • Other and not broken out$6.8 million
Interest on debt
4.4%$4.6 million
Health and hospitals
0.4%$469 thousand
What's in health and hospitalsPublic health
  • Public health$469 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Franklin Park. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended April 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Village of Franklin Park itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.