City government · Nassau County, NY

Glen Cove's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Glen Cove took in $66.3 million and spent $67.2 million.

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

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Where it comes from

City taxes55%Federal tax money13%Fines and other12%Fees for services (water, parks and recreation)10%State tax money6.8%County and local tax money3.0%

What stands out

52%

of Glen Cove's money comes from property tax.A typical U.S. city of 10,000 to 50,000 people gets 19%.

City taxes55%

Property tax
52%$34.2 million
Other taxes
3.8%$2.5 million
What's in other taxesOther licenses and public utility taxes
  • Other licenses$1.6 million
  • Public utility taxes$973 thousand

Amounts are by Census tax category.

Fees for services10%

Fees for services
10%$6.7 million
What's in fees for servicesWater; other service charges and 3 more
  • Water$3.7 million
  • Other service charges$1.6 million
  • Parks and recreation$1.4 million
  • Garbage collection$43 thousand
  • Transit fares$1 thousand

Amounts are by Census type of charge.

Federal tax money13%

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

From the federal government
13%$8.4 million

State tax money6.8%

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

From the state
6.8%$4.5 million

County and local tax money3.0%

Money passed on by the county or other local governments.

From the county and other local governments
3.0%$2.0 million

Fines and other12%

Interest, rents and other
11%$7.6 million
Fines
0.5%$303 thousand

Where it goes

Running the government and other costs29%Police, fire, courts and jails26%Water, sewer, trash and utilities11%Parks, recreation and libraries11%Social services8.1%All other spending15%

What stands out

8.1%

of Glen Cove's spending goes to social services.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
29%$19.5 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$17.0 million
  • Finance, tax collection and budgeting$1.4 million
  • Central staff services (personnel, purchasing, technology)$932 thousand
  • Government buildings$125 thousand
Police, fire, courts and jails
26%$17.4 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$15.0 million
  • Fire protection$1.3 million
  • Inspections and regulation$583 thousand
  • Courts and legal services$468 thousand
Water, sewer, trash and utilities
11%$7.5 million
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$4.2 million
  • Garbage and solid waste$3.3 million
Parks, recreation and libraries
11%$7.4 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$7.4 million
Social services
8.1%$5.5 million
What's in social servicesOther public welfare
  • Other public welfare$5.5 million
Roads, transit and parking
6.3%$4.2 million
What's in roads, transit and parkingRoads and highways and ports and harbors
  • Roads and highways$4.1 million
  • Ports and harbors$134 thousand
Interest on debt
5.6%$3.8 million
Health and hospitals
1.8%$1.2 million
What's in health and hospitalsPublic health
  • Public health$1.2 million
Housing and community development
1.1%$726 thousand
Sources and moreWhere these numbers come from and what they cover

City of Glen Cove. 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 City of Glen Cove 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.