Township government · Lake County, IN

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

In the latest recorded fiscal year (ended December 31, 2023), Hanover Township took in $641 thousand and spent $616 thousand.

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

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Where it comes from

Township taxes96%Fines and other3.9%

What stands out

96%

of Hanover Township's money comes from property tax.A typical U.S. township or town of 10,000 to 50,000 people gets 53%.

Township taxes96%

Property tax
96%$616 thousand

Fines and other3.9%

Interest, rents and other
3.9%$25 thousand

Where it goes

Running the government and other costs34%Police, fire, courts and jails32%Sent to other local governments28%Social services6.3%

What stands out

28%

of Hanover Township's spending goes to local governments.Most U.S. townships and towns of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
34%$207 thousand
What's in running the government and other costsOther and not broken out and government buildings
  • Other and not broken out$144 thousand
  • Government buildings$63 thousand
Police, fire, courts and jails
32%$200 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$200 thousand
Sent to other local governments
28%$170 thousand
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$170 thousand
Social services
6.3%$39 thousand
What's in social servicesWelfare institutions
  • Welfare institutions$39 thousand
Sources and moreWhere these numbers come from and what they cover

Hanover Township. 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 Hanover 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.