Village government · Nassau County, NY

New Hyde Park's money: where it comes from and where it goes

In the latest recorded fiscal year (ended May 31, 2024), New Hyde Park took in $8.7 million and spent $9.8 million.

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

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Where it comes from

Village taxes70%Fines and other14%Fees for services (parking, parks and recreation)7.3%State tax money6.3%County and local tax money2.5%

What stands out

62%

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

Village taxes70%

Property tax
62%$5.4 million
Other taxes
7.9%$690 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$407 thousand
  • Public utility taxes$236 thousand
  • Occupation and business licenses$47 thousand

Amounts are by Census tax category.

Fees for services7.3%

Fees for services
7.3%$635 thousand
What's in fees for servicesParking; other service charges and 1 more
  • Parking$589 thousand
  • Other service charges$25 thousand
  • Parks and recreation$21 thousand

Amounts are by Census type of charge.

State tax money6.3%

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

From the state
6.3%$543 thousand

County and local tax money2.5%

Money passed on by the county or other local governments.

From the county and other local governments
2.5%$217 thousand

Fines and other14%

Fines
10%$872 thousand
Interest, rents and other
3.7%$319 thousand

Where it goes

Running the government and other costs48%Roads, transit and parking16%Water, sewer, trash and utilities13%Parks, recreation and libraries12%Police, fire, courts and jails9.2%All other spending1.6%

What stands out

48%

of New Hyde Park's spending goes to running the government and other costs.A typical U.S. city of 10,000 to 50,000 people spends 18%.

Spending by category100%

Running the government and other costs
48%$4.7 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$3.4 million
  • Government buildings$720 thousand
  • Central staff services (personnel, purchasing, technology)$339 thousand
  • Finance, tax collection and budgeting$265 thousand
Roads, transit and parking
16%$1.5 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$1.5 million
  • Parking$31 thousand
Water, sewer, trash and utilities
13%$1.3 million
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$1.3 million
Parks, recreation and libraries
12%$1.2 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.2 million
Police, fire, courts and jails
9.2%$905 thousand
What's in police, fire, courts and jailsInspections and regulation and courts and legal services
  • Inspections and regulation$547 thousand
  • Courts and legal services$358 thousand
Interest on debt
1.5%$152 thousand
Environment and natural resources
<0.1%$7 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$7 thousand
Sources and moreWhere these numbers come from and what they cover

Village of New Hyde Park. 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 New Hyde 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.