Township government · Cook County, IL

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

In the latest recorded fiscal year (ended March 31, 2024), Hanover Township took in $12.5 million and spent $11.2 million.

Latest recorded year: ended March 31, 2024Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Township taxes76%County and local tax money15%Fees for services4.8%Fines and other2.5%State tax money1.4%

What stands out

15%

of Hanover Township's money comes from county and other local tax money.Most U.S. townships and towns of 50,000+ people get none.

Township taxes76%

Property tax
76%$9.5 million

Fees for services4.8%

Fees for services
4.8%$597 thousand
What's in fees for servicesOther service charges
  • Other service charges$597 thousand

Amounts are by Census type of charge.

State tax money1.4%

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

From the state
1.4%$174 thousand

County and local tax money15%

Money passed on by the county or other local governments.

From the county and other local governments
15%$1.8 million

Fines and other2.5%

Interest, rents and other
2.5%$318 thousand

Where it goes

Running the government and other costs71%Health and hospitals18%Roads, transit and parking7.0%Social services2.9%Interest on debt0.8%

What stands out

18%

of Hanover Township's spending goes to health services and hospitals.Most U.S. townships and towns of 50,000+ people spend nothing on this.

Spending by category100%

Running the government and other costs
71%$7.9 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$4.2 million
  • Central staff services (personnel, purchasing, technology)$3.1 million
  • Government buildings$587 thousand
Health and hospitals
18%$2.0 million
What's in health and hospitalsPublic health
  • Public health$2.0 million
Roads, transit and parking
7.0%$779 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$779 thousand
Social services
2.9%$325 thousand
What's in social servicesOther public welfare
  • Other public welfare$325 thousand
Interest on debt
0.8%$91 thousand
Sources and moreWhere these numbers come from and what they cover

Hanover Township. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended March 31, 2024.

What this covers. The money of Hanover Township 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.