City government · Cook County, IL

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

In the latest recorded fiscal year (ended April 30, 2022), Prospect Heights took in $18.1 million and spent $11.4 million.

Latest recorded year: ended April 30, 2022Comes fromGoes to

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Where it comes from

City taxes37%State tax money29%Fees for services (garbage collection, water)19%Federal tax money9.6%Fines and other4.6%County and local tax money0.4%

What stands out

29%

of Prospect Heights' money comes from state tax money.A typical U.S. city of 10,000 to 50,000 people gets 7%.

City taxes37%

Other taxes
25%$4.6 million
What's in other taxesOther selective sales taxes; other licenses and 1 more
  • Other selective sales taxes$2.9 million
  • Other licenses$911 thousand
  • Public utility taxes$811 thousand

Amounts are by Census tax category.

Property tax
12%$2.2 million

Fees for services19%

Fees for services
19%$3.4 million
What's in fees for servicesGarbage collection; other service charges and 2 more
  • Garbage collection$1.3 million
  • Other service charges$1.2 million
  • Water$925 thousand
  • Parking$5 thousand

Amounts are by Census type of charge.

Federal tax money9.6%

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

From the federal government
9.6%$1.7 million

State tax money29%

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

From the state
29%$5.3 million

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$73 thousand

Fines and other4.6%

Fines
3.0%$546 thousand
Interest, rents and other
1.6%$286 thousand

Where it goes

Police, fire, courts and jails46%Running the government and other costs20%Roads, transit and parking19%Water, sewer, trash and utilities13%Interest on debt3.0%

What stands out

46%

of Prospect Heights' spending goes to police, fire, courts and jails.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Police, fire, courts and jails
46%$5.2 million
What's in police, fire, courts and jailsPolice
  • Police$5.2 million
Running the government and other costs
20%$2.3 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 2 more
  • Central staff services (personnel, purchasing, technology)$1.4 million
  • Government buildings$564 thousand
  • Finance, tax collection and budgeting$161 thousand
  • Other and not broken out$150 thousand
Roads, transit and parking
19%$2.1 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$2.0 million
  • Parking$76 thousand
Water, sewer, trash and utilities
13%$1.4 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$745 thousand
  • Garbage and solid waste$429 thousand
  • Sewer systems$272 thousand
Interest on debt
3.0%$346 thousand
Sources and moreWhere these numbers come from and what they cover

City of Prospect Heights. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended April 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Prospect 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.