Township government · Cook County, IL

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

In the latest recorded fiscal year (ended February 28, 2022), Palatine Township took in $5.0 million and spent $5.1 million.

Latest recorded year: ended February 28, 2022Comes fromGoes to

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Where it comes from

Township taxes76%State tax money13%Fines and other6.6%Fees for services (transit fares)4.4%

What stands out

13%

of Palatine Township's money comes from state tax money.A typical U.S. township or town of 50,000+ people gets 6.9%.

Township taxes76%

Property tax
75%$3.7 million
Other taxes
0.4%$19 thousand
What's in other taxesOther licenses
  • Other licenses$19 thousand

Amounts are by Census tax category.

Fees for services4.4%

Fees for services
4.4%$220 thousand
What's in fees for servicesOther service charges and transit fares
  • Other service charges$202 thousand
  • Transit fares$18 thousand

Amounts are by Census type of charge.

State tax money13%

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

From the state
13%$653 thousand

Fines and other6.6%

Interest, rents and other
6.5%$324 thousand
Fines
<0.1%$1 thousand

Where it goes

Running the government and other costs42%Roads, transit and parking39%Social services19%

What stands out

19%

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

Spending by category100%

Running the government and other costs
42%$2.1 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$1.2 million
  • Other and not broken out$871 thousand
  • Other government-run businesses$26 thousand
Roads, transit and parking
39%$2.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.0 million
Social services
19%$973 thousand
What's in social servicesOther public welfare
  • Other public welfare$973 thousand
Sources and moreWhere these numbers come from and what they cover

Palatine Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended February 28, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Palatine 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.