Village government · Cook County, IL

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

In the latest recorded fiscal year (ended June 30, 2024), Park Forest took in $53.6 million and spent $53.1 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Village taxes64%State tax money13%Fees for services (parks and recreation, garbage collection)12%County and local tax money5.2%Fines and other5.0%Federal tax money0.3%

What stands out

24%

of Park Forest's 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%.

Village taxes64%

Property tax
40%$21.7 million
Other taxes
24%$12.7 million
What's in other taxesPublic utility taxes; other licenses and 1 more
  • Public utility taxes$11.1 million
  • Other licenses$1.1 million
  • Other selective sales taxes$459 thousand

Amounts are by Census tax category.

Fees for services12%

Fees for services
12%$6.5 million
What's in fees for servicesParks and recreation; other service charges and 2 more
  • Parks and recreation$2.6 million
  • Other service charges$2.2 million
  • Garbage collection$1.7 million
  • Parking$7 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$136 thousand

State tax money13%

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

From the state
13%$7.0 million

County and local tax money5.2%

Money passed on by the county or other local governments.

From the county and other local governments
5.2%$2.8 million

Fines and other5.0%

Interest, rents and other
4.3%$2.3 million
Fines
0.7%$383 thousand

Where it goes

Police, fire, courts and jails32%Running the government and other costs19%Roads, transit and parking16%Water, sewer, trash and utilities15%Parks, recreation and libraries13%Interest on debt5.3%

What stands out

13%

of Park Forest's spending goes to parks, recreation and libraries.A typical U.S. city of 10,000 to 50,000 people spends 5.6%.

Spending by category100%

Police, fire, courts and jails
32%$16.9 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$10.7 million
  • Fire protection$6.1 million
Running the government and other costs
19%$10.0 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$6.3 million
  • Central staff services (personnel, purchasing, technology)$2.6 million
  • Finance, tax collection and budgeting$1.2 million
Roads, transit and parking
16%$8.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$8.6 million
Water, sewer, trash and utilities
15%$7.9 million
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$7.9 million
Parks, recreation and libraries
13%$6.9 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$5.2 million
  • Libraries$1.6 million
Interest on debt
5.3%$2.8 million
Sources and moreWhere these numbers come from and what they cover

Village of Park Forest. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Village of Park Forest 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.