Village government · Nassau County, NY

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

In the latest recorded fiscal year (ended May 31, 2024), Hempstead took in $109 million and spent $104 million.

Latest recorded year: ended May 31, 2024Comes fromGoes to

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Where it comes from

Village taxes63%Fees for services (water, garbage collection)16%Fines and other14%Federal tax money4.4%State tax money2.1%County and local tax money0.1%

What stands out

60%

of Hempstead's money comes from property tax.A typical U.S. city of 50,000+ people gets 20%.

Village taxes63%

Property tax
60%$65.6 million
Other taxes
2.7%$3.0 million
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$1.4 million
  • Public utility taxes$1.4 million
  • Occupation and business licenses$188 thousand

Amounts are by Census tax category.

Fees for services16%

Fees for services
16%$18.0 million
What's in fees for servicesWater; garbage collection and 3 more
  • Water$11.3 million
  • Garbage collection$4.9 million
  • Parking$1.3 million
  • Other service charges$415 thousand
  • Parks and recreation$37 thousand

Amounts are by Census type of charge.

Federal tax money4.4%

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

From the federal government
4.4%$4.8 million

State tax money2.1%

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

From the state
2.1%$2.3 million

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$163 thousand

Fines and other14%

Interest, rents and other
10%$11.4 million
Fines
3.9%$4.3 million

Where it goes

Running the government and other costs39%Police, fire, courts and jails35%Water, sewer, trash and utilities13%Parks, recreation and libraries6.2%Roads, transit and parking4.1%All other spending2.2%

What stands out

39%

of Hempstead's spending goes to running the government and other costs.A typical U.S. city of 50,000+ people spends 16%.

Spending by category100%

Running the government and other costs
39%$40.4 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$36.1 million
  • Finance, tax collection and budgeting$2.1 million
  • Central staff services (personnel, purchasing, technology)$1.8 million
  • Government buildings$421 thousand
Police, fire, courts and jails
35%$37.1 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$29.9 million
  • Fire protection$3.1 million
  • Courts and legal services$2.3 million
  • Inspections and regulation$1.7 million
Water, sewer, trash and utilities
13%$13.9 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$9.7 million
  • Garbage and solid waste$4.1 million
  • Sewer systems$97 thousand
Parks, recreation and libraries
6.2%$6.5 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$3.6 million
  • Libraries$2.9 million
Roads, transit and parking
4.1%$4.3 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$4.1 million
  • Parking$224 thousand
Housing and community development
1.3%$1.4 million
Interest on debt
0.9%$926 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Hempstead. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended May 31, 2024.

What this covers. The money of Village of Hempstead 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.