Village government · Cook County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Hanover Park took in $71.9 million and spent $56.8 million.

Latest recorded year: ended April 30, 2022Comes fromGoes to

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Where it comes from

Village taxes44%State tax money28%Fees for services (water)17%Fines and other5.6%County and local tax money4.3%

What stands out

28%

of Hanover Park's money comes from state tax money.A typical U.S. city of 10,000 to 50,000 people gets 7%.

Village taxes44%

Property tax
23%$16.5 million
Other taxes
21%$15.4 million
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$13.9 million
  • Other licenses$1.5 million

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$12.5 million
What's in fees for servicesWater and other service charges
  • Water$10.2 million
  • Other service charges$2.2 million

Amounts are by Census type of charge.

State tax money28%

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

From the state
28%$20.3 million

County and local tax money4.3%

Money passed on by the county or other local governments.

From the county and other local governments
4.3%$3.1 million

Fines and other5.6%

Interest, rents and other
4.3%$3.1 million
Fines
1.4%$1.0 million

Where it goes

Police, fire, courts and jails40%Running the government and other costs37%Water, sewer, trash and utilities21%Roads, transit and parking1.3%Interest on debt0.8%

What stands out

37%

of Hanover Park's spending goes to running the government and other costs.A typical U.S. city of 10,000 to 50,000 people spends 18%.

Spending by category100%

Police, fire, courts and jails
40%$22.7 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$14.2 million
  • Fire protection$8.5 million
  • Inspections and regulation$7 thousand
Running the government and other costs
37%$21.2 million
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$14.1 million
  • Central staff services (personnel, purchasing, technology)$7.2 million
Water, sewer, trash and utilities
21%$11.7 million
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$11.7 million
Roads, transit and parking
1.3%$754 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$754 thousand
Interest on debt
0.8%$467 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Hanover Park. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended April 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Hanover 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.