City government · Cook County, IL

Palos Heights's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Palos Heights took in $30.7 million and spent $31.9 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

See every government that serves your ZIP

Where it comes from

City taxes67%State tax money17%Fines and other9.1%Fees for services (parking)6.4%Federal tax money0.7%

What stands out

32%

of Palos Heights' money comes from taxes other than property, sales and income taxes.A typical U.S. city of 10,000 to 50,000 people gets 6.1%.

City taxes67%

Property tax
35%$10.8 million
Other taxes
32%$9.9 million
What's in other taxesPublic utility taxes; other licenses and 1 more
  • Public utility taxes$9.2 million
  • Other licenses$490 thousand
  • Other selective sales taxes$148 thousand

Amounts are by Census tax category.

Fees for services6.4%

Fees for services
6.4%$2.0 million
What's in fees for servicesOther service charges and parking
  • Other service charges$2.0 million
  • Parking$14 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
0.7%$222 thousand

State tax money17%

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

From the state
17%$5.1 million

Fines and other9.1%

Interest, rents and other
8.7%$2.7 million
Fines
0.4%$108 thousand

Where it goes

Water, sewer, trash and utilities27%Police, fire, courts and jails24%Parks, recreation and libraries15%Roads, transit and parking12%Sent to other local governments10%All other spending12%

What stands out

10%

of Palos Heights' spending goes to local governments.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
27%$8.6 million
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$8.6 million
Police, fire, courts and jails
24%$7.7 million
What's in police, fire, courts and jailsPolice
  • Police$7.7 million
Parks, recreation and libraries
15%$4.8 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$3.1 million
  • Libraries$1.7 million
Roads, transit and parking
12%$3.7 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$3.7 million
  • Parking$8 thousand
Sent to other local governments
10%$3.2 million
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$3.2 million
Running the government and other costs
7.7%$2.5 million
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$1.8 million
  • Other and not broken out$630 thousand
  • Government buildings$19 thousand
Interest on debt
4.6%$1.5 million
Sources and moreWhere these numbers come from and what they cover

City of Palos Heights. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Palos Heights 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.