Village government · Delaware County, NY

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

In the latest recorded fiscal year (ended May 31, 2022), Hancock took in $3.4 million and spent $4.1 million.

Latest recorded year: ended May 31, 2022Comes fromGoes to

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Where it comes from

State tax money31%Village taxes28%Federal tax money19%Fees for services (sewer, water)17%County and local tax money4.3%Fines and other1.2%

What stands out

19%

of Hancock's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes28%

Property tax
28%$938 thousand
Other taxes
0.1%$5 thousand
What's in other taxesOther licenses
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$589 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$342 thousand
  • Water$246 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

Federal tax money19%

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

From the federal government
19%$637 thousand

State tax money31%

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

From the state
31%$1.1 million

County and local tax money4.3%

Money passed on by the county or other local governments.

From the county and other local governments
4.3%$145 thousand

Fines and other1.2%

Interest, rents and other
1.1%$36 thousand
Fines
0.1%$5 thousand

Where it goes

Running the government and other costs60%Housing and community development17%Police, fire, courts and jails9.6%Water, sewer, trash and utilities9.4%Roads, transit and parking4.6%All other spending0.4%

What stands out

17%

of Hancock's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
60%$2.5 million
What's in running the government and other costsGovernment buildings; other and not broken out and 2 more
  • Government buildings$2.1 million
  • Other and not broken out$286 thousand
  • Finance, tax collection and budgeting$67 thousand
  • Central staff services (personnel, purchasing, technology)$16 thousand
Housing and community development
17%$684 thousand
Police, fire, courts and jails
9.6%$396 thousand
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$167 thousand
  • Police$163 thousand
  • Courts and legal services$51 thousand
  • Inspections and regulation$15 thousand
Water, sewer, trash and utilities
9.4%$387 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$256 thousand
  • Water supply$120 thousand
  • Garbage and solid waste$11 thousand
Roads, transit and parking
4.6%$189 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$189 thousand
Interest on debt
0.2%$10 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$6 thousand
  • Interest on water supply debt$4 thousand
Parks, recreation and libraries
0.1%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Sources and moreWhere these numbers come from and what they cover

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

What this covers. The money of Village 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.