Village government · Nassau County, NY

Island Park's money: where it comes from and where it goes

In the latest recorded fiscal year (ended May 31, 2022), Island Park took in $6.4 million and spent $8.3 million.

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

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Where it comes from

Village taxes54%Federal tax money27%County and local tax money9.1%Fines and other4.2%State tax money2.7%Fees for services (parking, parks and recreation)2.6%

What stands out

27%

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

Village taxes54%

Property tax
44%$2.8 million
Other taxes
9.7%$617 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$294 thousand
  • Public utility taxes$259 thousand
  • Occupation and business licenses$64 thousand

Amounts are by Census tax category.

Fees for services2.6%

Fees for services
2.6%$163 thousand
What's in fees for servicesParking; parks and recreation and 1 more
  • Parking$115 thousand
  • Parks and recreation$43 thousand
  • Other service charges$5 thousand

Amounts are by Census type of charge.

Federal tax money27%

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

From the federal government
27%$1.7 million

State tax money2.7%

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

From the state
2.7%$172 thousand

County and local tax money9.1%

Money passed on by the county or other local governments.

From the county and other local governments
9.1%$582 thousand

Fines and other4.2%

Fines
3.4%$218 thousand
Interest, rents and other
0.8%$48 thousand

Where it goes

Running the government and other costs45%Police, fire, courts and jails35%Water, sewer, trash and utilities11%Interest on debt3.7%Roads, transit and parking2.8%All other spending2.5%

What stands out

35%

of Island Park's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Running the government and other costs
45%$3.8 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$2.9 million
  • Central staff services (personnel, purchasing, technology)$435 thousand
  • Government buildings$380 thousand
  • Finance, tax collection and budgeting$94 thousand
Police, fire, courts and jails
35%$2.9 million
What's in police, fire, courts and jailsFire protection; courts and legal services and 1 more
  • Fire protection$2.6 million
  • Courts and legal services$168 thousand
  • Inspections and regulation$148 thousand
Water, sewer, trash and utilities
11%$905 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$772 thousand
  • Sewer systems$133 thousand
Interest on debt
3.7%$304 thousand
Roads, transit and parking
2.8%$236 thousand
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$229 thousand
  • Parking$7 thousand
Parks, recreation and libraries
2.5%$206 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$206 thousand
Health and hospitals
<0.1%$4 thousand
What's in health and hospitalsPublic health
  • Public health$4 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Island Park. 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 Island Park 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.