Village government · Cook County, IL

Glencoe's money: where it comes from and where it goes

In the latest recorded fiscal year (ended February 28, 2024), Glencoe took in $37.4 million and spent $34.7 million.

Latest recorded year: ended February 28, 2024Comes fromGoes to

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Where it comes from

Village taxes54%Fees for services (water, parks and recreation)22%State tax money14%Fines and other6.9%County and local tax money2.3%

What stands out

45%

of Glencoe's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Village taxes54%

Property tax
45%$16.7 million
Other taxes
9.8%$3.7 million
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$2.5 million
  • Public utility taxes$816 thousand
  • Other selective sales taxes$317 thousand

Amounts are by Census tax category.

Fees for services22%

Fees for services
22%$8.3 million
What's in fees for servicesWater; parks and recreation and 3 more
  • Water$4.1 million
  • Parks and recreation$2.8 million
  • Sewer$789 thousand
  • Garbage collection$450 thousand
  • Other service charges$210 thousand

Amounts are by Census type of charge.

State tax money14%

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

From the state
14%$5.3 million

County and local tax money2.3%

Money passed on by the county or other local governments.

From the county and other local governments
2.3%$863 thousand

Fines and other6.9%

Interest, rents and other
6.4%$2.4 million
Fines
0.5%$180 thousand

Where it goes

Running the government and other costs42%Police, fire, courts and jails30%Parks, recreation and libraries14%Water, sewer, trash and utilities8.7%Roads, transit and parking3.3%Interest on debt2.4%

What stands out

14%

of Glencoe's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Running the government and other costs
42%$14.6 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$8.2 million
  • Central staff services (personnel, purchasing, technology)$4.9 million
  • Finance, tax collection and budgeting$1.1 million
  • Government buildings$329 thousand
Police, fire, courts and jails
30%$10.4 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$9.9 million
  • Fire protection$503 thousand
Parks, recreation and libraries
14%$4.7 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$2.7 million
  • Parks and recreation$2.0 million
Water, sewer, trash and utilities
8.7%$3.0 million
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$3.0 million
Roads, transit and parking
3.3%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Interest on debt
2.4%$845 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Glencoe. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended February 28, 2024.

What this covers. The money of Village of Glencoe 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.