Town government · Montgomery County, NY

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

In the latest recorded fiscal year (ended December 31, 2021), Palatine took in $1.8 million and spent $1.4 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

County and local tax money43%Town taxes38%State tax money8.3%Federal tax money5.5%Fines and other3.6%Fees for services2.0%

What stands out

43%

of Palatine's money comes from county and other local tax money.Most U.S. townships and towns of under 10,000 people get none.

Town taxes38%

Property tax
34%$603 thousand
Other taxes
3.7%$65 thousand
What's in other taxesOther taxes not classified elsewhere; other licenses and 1 more
  • Other taxes not classified elsewhere$54 thousand
  • Other licenses$10 thousand
  • Public utility taxes$1 thousand

Amounts are by Census tax category.

Fees for services2.0%

Fees for services
2.0%$36 thousand
What's in fees for servicesOther service charges
  • Other service charges$36 thousand

Amounts are by Census type of charge.

Federal tax money5.5%

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

From the federal government
5.5%$98 thousand

State tax money8.3%

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

From the state
8.3%$147 thousand

County and local tax money43%

Money passed on by the county or other local governments.

From the county and other local governments
43%$761 thousand

Fines and other3.6%

Fines
1.8%$32 thousand
Interest, rents and other
1.8%$32 thousand

Where it goes

Roads, transit and parking44%Running the government and other costs43%Police, fire, courts and jails11%Health and hospitals1.2%Water, sewer, trash and utilities0.5%Parks, recreation and libraries<0.1%

What stands out

43%

of Palatine's spending goes to running the government and other costs.A typical U.S. township or town of under 10,000 people spends 23%.

Spending by category100%

Roads, transit and parking
44%$635 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$635 thousand
Running the government and other costs
43%$624 thousand
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$330 thousand
  • Government buildings$205 thousand
  • Finance, tax collection and budgeting$58 thousand
  • Central staff services (personnel, purchasing, technology)$31 thousand
Police, fire, courts and jails
11%$161 thousand
What's in police, fire, courts and jailsFire protection; courts and legal services and 1 more
  • Fire protection$107 thousand
  • Courts and legal services$38 thousand
  • Inspections and regulation$16 thousand
Health and hospitals
1.2%$17 thousand
What's in health and hospitalsPublic health
  • Public health$17 thousand
Water, sewer, trash and utilities
0.5%$7 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$7 thousand
Parks, recreation and libraries
<0.1%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Palatine. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Palatine 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.