Village government · Nassau County, NY

Laurel Hollow's money: where it comes from and where it goes

In the latest recorded fiscal year (ended May 31, 2022), Laurel Hollow took in $4.1 million and spent $4.5 million.

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

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Where it comes from

Village taxes86%Fines and other8.0%State tax money4.4%Federal tax money0.7%Fees for services (parks and recreation)0.5%County and local tax money0.1%

What stands out

71%

of Laurel Hollow's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Village taxes86%

Property tax
71%$3.0 million
Other taxes
15%$620 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$505 thousand
  • Public utility taxes$115 thousand

Amounts are by Census tax category.

Fees for services0.5%

Fees for services
0.5%$20 thousand
What's in fees for servicesParks and recreation and other service charges
  • Parks and recreation$14 thousand
  • Other service charges$6 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government
0.7%$28 thousand

State tax money4.4%

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

From the state
4.4%$181 thousand

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%$5 thousand

Fines and other8.0%

Interest, rents and other
7.1%$292 thousand
Fines
0.9%$39 thousand

Where it goes

Police, fire, courts and jails63%Running the government and other costs17%Roads, transit and parking16%Interest on debt3.0%Parks, recreation and libraries0.8%Environment and natural resources0.2%

What stands out

63%

of Laurel Hollow'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%

Police, fire, courts and jails
63%$2.9 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$2.1 million
  • Fire protection$534 thousand
  • Courts and legal services$176 thousand
  • Inspections and regulation$72 thousand
Running the government and other costs
17%$762 thousand
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$453 thousand
  • Central staff services (personnel, purchasing, technology)$198 thousand
  • Finance, tax collection and budgeting$78 thousand
  • Government buildings$33 thousand
Roads, transit and parking
16%$731 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$731 thousand
Interest on debt
3.0%$137 thousand
Parks, recreation and libraries
0.8%$37 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$37 thousand
Environment and natural resources
0.2%$9 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$9 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Laurel Hollow. 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 Laurel Hollow 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.