City government · Wright County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Hanover took in $5.1 million and spent $3.4 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

City taxes47%Fees for services (sewer, water)44%State tax money5.1%Fines and other3.2%

What stands out

38%

of Hanover's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes47%

Property tax
38%$2.0 million
Other taxes
9.0%$462 thousand
What's in other taxesOther licenses; severance taxes and 1 more
  • Other licenses$421 thousand
  • Severance taxes$26 thousand
  • Public utility taxes$15 thousand

Amounts are by Census tax category.

Fees for services44%

Fees for services
44%$2.3 million
What's in fees for servicesSewer; water and 4 more
  • Sewer$1.1 million
  • Water$433 thousand
  • Other service charges$321 thousand
  • Parks and recreation$289 thousand
  • Road charges$159 thousand
  • Garbage collection$15 thousand

Amounts are by Census type of charge.

State tax money5.1%

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

From the state
5.1%$262 thousand

Fines and other3.2%

Interest, rents and other
3.2%$162 thousand
Fines
<0.1%$4 thousand

Where it goes

Water, sewer, trash and utilities34%Roads, transit and parking22%Running the government and other costs22%Police, fire, courts and jails19%Parks, recreation and libraries1.9%Interest on debt1.2%

What stands out

22%

of Hanover's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
34%$1.2 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$799 thousand
  • Water supply$332 thousand
  • Garbage and solid waste$38 thousand
Roads, transit and parking
22%$760 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$760 thousand
Running the government and other costs
22%$744 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$438 thousand
  • Finance, tax collection and budgeting$286 thousand
  • Central staff services (personnel, purchasing, technology)$20 thousand
Police, fire, courts and jails
19%$640 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$332 thousand
  • Police$308 thousand
Parks, recreation and libraries
1.9%$64 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$49 thousand
  • Libraries$15 thousand
Interest on debt
1.2%$42 thousand
Sources and moreWhere these numbers come from and what they cover

City of Hanover. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Hanover 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.