Town government · Grafton County, NH

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

In the latest recorded fiscal year (ended June 30, 2024), Hanover took in $61.8 million and spent $29.5 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes85%Fees for services (sewer, parking)11%State tax money2.5%Fines and other1.5%Federal tax money0.2%

What stands out

84%

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

Town taxes85%

Property tax
84%$51.9 million
Other taxes
1.1%$674 thousand
What's in other taxesOther licenses
  • Other licenses$674 thousand

Amounts are by Census tax category.

Fees for services11%

Fees for services
11%$6.6 million
What's in fees for servicesSewer; parking and 2 more
  • Sewer$3.5 million
  • Parking$1.7 million
  • Other service charges$1.4 million
  • Parks and recreation$42 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$122 thousand

State tax money2.5%

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

From the state
2.5%$1.6 million

Fines and other1.5%

Interest, rents and other
1.5%$925 thousand

Where it goes

Police, fire, courts and jails34%Running the government and other costs23%Roads, transit and parking20%Water, sewer, trash and utilities12%Parks, recreation and libraries8.9%All other spending2.5%

What stands out

34%

of Hanover's spending goes to police, fire, courts and jails.A typical U.S. township or town of 10,000 to 50,000 people spends 16%.

Spending by category100%

Police, fire, courts and jails
34%$10.0 million
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$5.4 million
  • Police$4.4 million
  • Courts and legal services$172 thousand
Running the government and other costs
23%$6.8 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$5.2 million
  • Government buildings$837 thousand
  • Finance, tax collection and budgeting$727 thousand
Roads, transit and parking
20%$5.8 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$3.9 million
  • Parking$1.9 million
Water, sewer, trash and utilities
12%$3.6 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$1.9 million
  • Water supply$1.4 million
  • Garbage and solid waste$315 thousand
Parks, recreation and libraries
8.9%$2.6 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$1.5 million
  • Parks and recreation$1.1 million
Health and hospitals
1.2%$346 thousand
What's in health and hospitalsPublic health
  • Public health$346 thousand
Interest on debt
0.9%$255 thousand
Social services
0.5%$135 thousand
What's in social servicesOther public welfare
  • Other public welfare$135 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Hanover. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Town 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.