Village government · Jo Daviess County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Hanover took in $1.6 million and spent $1.6 million.

Latest recorded year: ended April 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, water)66%State tax money18%Village taxes13%Fines and other3.0%

What stands out

66%

of Hanover's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Village taxes13%

Property tax
12%$182 thousand
Other taxes
1.1%$18 thousand
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$14 thousand
  • Other licenses$4 thousand

Amounts are by Census tax category.

Fees for services66%

Fees for services
66%$1.0 million
What's in fees for servicesElectric power; water and 2 more
  • Electric power$628 thousand
  • Water$269 thousand
  • Sewer$86 thousand
  • Garbage collection$62 thousand

Amounts are by Census type of charge.

State tax money18%

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

From the state
18%$281 thousand

Fines and other3.0%

Interest, rents and other
2.2%$35 thousand
Fines
0.8%$13 thousand

Where it goes

Water, sewer, trash and utilities51%Running the government and other costs22%Roads, transit and parking13%Police, fire, courts and jails11%Interest on debt2.8%Parks, recreation and libraries0.3%

What stands out

51%

of Hanover's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
51%$801 thousand
What's in water, sewer, trash and utilitiesElectric power; water supply and 1 more
  • Electric power$470 thousand
  • Water supply$260 thousand
  • Garbage and solid waste$71 thousand
Running the government and other costs
22%$337 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$246 thousand
  • Other and not broken out$91 thousand
Roads, transit and parking
13%$202 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$202 thousand
Police, fire, courts and jails
11%$175 thousand
What's in police, fire, courts and jailsPolice
  • Police$175 thousand
Interest on debt
2.8%$44 thousand
Parks, recreation and libraries
0.3%$4 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$4 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Hanover. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended April 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Hanover 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.