Town of Palatine — Financial Data

3,189 Population FY 2024

$137 Town-Wide Per Capita Spending All residents incl. villages FY 2024

$739 Part-Town Per Capita Spending Outside villages only FY 2024

0.0% Debt Service FY 2024

37.9 Fiscal Stress FY 2024

3.3 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Nelliston (pop. 555), Village of Palatine Bridge (pop. 796). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, debt service, economic development, employee benefits, general government, health, public safety, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: culture and recreation, debt service, employee benefits, general government, health, public safety, sanitation, transportation).

Villages in Palatine

Total village population: 1,351 (42% of town)

Village of Nelliston pop. 555

Village of Palatine Bridge pop. 796

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

13.3% Poverty Rate 2023

19.2% Bachelor's+ Rate 2023

1.9% Unemployment Rate 2023

73.2% Homeownership Rate 2023

Median Household Income

$64,779 (2023)

2010 2023

Per Capita Income

$37,579 (2023)

2010 2023

Median Home Value

$122,900 (2023)

2010 2023

Median Gross Rent

$630 (2023)

2010 2023

Median Age

52.4 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.5 (2023)

2010 2023

Financial Trends

Total spending across all funds, including services for the entire town and services exclusive to areas outside villages · 1995–2024

Fiscal Health

Debt Outstanding

$0 (2024)

2011 2024

Full Value of Taxable Property

$230,251,846 (2024)

2011 2024

Debt Service

$0 (2024)

1995 2024

Debt Service %

0.0% (2024)

1995 2024

Town-Wide Per Capita Spending

$137 (2024)

2010 2024

Part-Town Per Capita Spending

$739 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

37.9 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

3.3 (2024)

2012 2024

Top Revenue Sources

Sales And Use Tax

$1,294,480 (2024)

1995 2024

Real Property Taxes And Assessments

$1,086,007 (2024)

1995 2024

State Aid

$842,112 (2024)

1995 2024

Charges To Other Governments

$539,995 (2024)

1995 2024

Use And Sale Of Property

$301,952 (2024)

1995 2024

Top Expenditures

Transportation

$3,030,763 (2024)

1995 2024

Employee Benefits

$724,628 (2024)

1995 2024

General Government

$544,467 (2024)

1995 2024

Public Safety

$200,399 (2024)

1995 2024

Sanitation

$11,639 (2024)

1995 2024

Financial Documents (84)

Year	Title	Type
2024	Town of Palatine OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Palatine OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Palatine FSMS Report 2024	FSMS_MONITORING
2023	Town of Palatine Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Palatine OSC Annual Financial Report 2023	OSC_TOWN_CSV_AFR

View all 84 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 270363500000

School Details

Not applicable for this entity type.