Municipal Finances — Palatine, Illinois

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Finances — FY 2024

Source

Total Revenuei

$176.6M

Total Expenditurei

$132.8M

Property Tax Revenuei

$38.7M

21.9%of revenue

Revenue Sources i

Property Taxi

21.9%$38.7M

Charges for Servicesi

21.3%$37.6M

Interesti

16%$28.3M

Miscellaneousi

11.4%$20.2M

State Sales Taxi

6.9%$12.2M

State Income Taxi

6.5%$11.5M

Local Sales Taxi

3.8%$6.8M

Other Intergovernmentali

2.7%$4.8M

Other Taxesi

2.5%$4.4M

Federal Sourcesi

2.4%$4.3M

Motor Fuel Taxi

1.7%$3.0M

Licenses & Permitsi

1.4%$2.5M

Fines & Forfeituresi

0.6%$1.1M

Other State Sourcesi

0.5%$963K

Replacement Taxi

0.1%$211K

Expenditure Categories i

Public Safetyi

44.6%$59.2M

Other Expendituresi

12.6%$16.8M

Public Utilitiesi

12%$16.0M

General Governmenti

9.7%$12.8M

Capital Outlayi

8.4%$11.2M

Transportation / Public Worksi

5.4%$7.1M

Debt Servicei

3.1%$4.2M

Depreciationi

1.8%$2.4M

By Fundi

Generali+$1.0M surplus

$71.5M

$70.5M

Special Revenuei+$10.3M surplus

$23.3M

$13.0M

Capital Projecti+$472K surplus

$4.6M

$4.2M

Debt Servicei+$740K surplus

$3.2M

$2.5M

Enterprisei+$6.9M surplus

$28.6M

$21.6M

Internal Servicei+$9K surplus

$4.2M

Fiduciaryi+$24.4M surplus

$41.2M

$16.8M