Town government · Hillsborough County, NH

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

In the latest recorded fiscal year (ended December 31, 2021), Hancock took in $7.4 million and spent $7.4 million.

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

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Where it comes from

Town taxes92%State tax money3.0%Fees for services (water, garbage collection)2.6%Fines and other1.9%County and local tax money0.5%

What stands out

91%

of Hancock's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Town taxes92%

Property tax
91%$6.8 million
Other taxes
0.5%$40 thousand
What's in other taxesOther taxes not classified elsewhere and other licenses
  • Other taxes not classified elsewhere$23 thousand
  • Other licenses$17 thousand

Amounts are by Census tax category.

Fees for services2.6%

Fees for services
2.6%$190 thousand
What's in fees for servicesWater; other government-run businesses and 2 more
  • Water$116 thousand
  • Other government-run businesses$32 thousand
  • Garbage collection$32 thousand
  • Parks and recreation$10 thousand

Amounts are by Census type of charge.

State tax money3.0%

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

From the state
3.0%$221 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$40 thousand

Fines and other1.9%

Interest, rents and other
1.9%$143 thousand

Where it goes

Sent to other local governments70%Roads, transit and parking10%Running the government and other costs8.3%Police, fire, courts and jails5.7%Water, sewer, trash and utilities3.4%All other spending2.1%

What stands out

70%

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

Spending by category100%

Sent to other local governments
70%$5.2 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$5.2 million
Roads, transit and parking
10%$751 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$751 thousand
Running the government and other costs
8.3%$616 thousand
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$328 thousand
  • Central staff services (personnel, purchasing, technology)$185 thousand
  • Government buildings$103 thousand
Police, fire, courts and jails
5.7%$420 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$277 thousand
  • Fire protection$121 thousand
  • Courts and legal services$12 thousand
  • Inspections and regulation$10 thousand
Water, sewer, trash and utilities
3.4%$252 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and water supply
  • Garbage and solid waste$143 thousand
  • Water supply$109 thousand
Parks, recreation and libraries
1.6%$117 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$87 thousand
  • Parks and recreation$30 thousand
Health and hospitals
0.2%$14 thousand
What's in health and hospitalsPublic health
  • Public health$14 thousand
Environment and natural resources
0.1%$8 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$8 thousand
Interest on debt
0.1%$8 thousand
Social services
<0.1%$5 thousand
What's in social servicesWelfare institutions
  • Welfare institutions$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Hancock. 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 Town of Hancock 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.