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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Mount Prospect, IL

Population: 56,191 (2022) · Small Cities (50K–100K)

A
87/100

Excellent fiscal health — strong reserves, low debt, well-funded pensions

Total Spending
$894.5M
Per Capita
$15,919
Total Revenue
$2.1B
Total Debt
$0

Spending Breakdown

Other
33.1%$296.1M
Housing & Community Development
22.3%$199.7M
Utilities
17.4%$155.3M
Public Welfare
14.5%$129.6M
Health
10.3%$91.8M
Fire Protection
1.8%$16.3M
Parks & Recreation
0.3%$3.0M
Hospitals
0.3%$2.6M

Spending data sourced from the Census Bureau's Annual Survey of State & Local Government Finances. Per-capita comparisons use the Lincoln Institute's Fiscally Standardized Cities methodology for fair cross-city benchmarking.

Revenue Sources

Sales Tax
0.1%$1.2M
Income Tax
2.4%$49.9M
Intergovernmental
29.2%$601.8M
Charges & Fees
7.4%$151.5M
Other
1.9%$40.0M

Per Capita Spending by Department

Fire Protection$289/person
Parks & Recreation$54/person
Health$1,634/person

Score Breakdown

Budget Balance & Reserves (25%)100/100
Debt Burden (20%)100/100
Pension Funding (20%)76/100
Spending Efficiency (15%)77/100
Revenue Diversity (10%)100/100
Trend Direction (10%)50/100

Compare Cities

See how Mount Prospect stacks up against another city.

vs Chicago, ILvs Aurora, ILvs Joliet, IL
Data source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (2023). Population from American Community Survey.

Other Cities in Illinois

Frequently Asked Questions

Mount Prospect, IL spends $15,919 per resident, based on total expenditures of $894.5M for a population of 56,191. The city has a Fiscal Health Score of A (87/100).

Mount Prospect, IL has total expenditures of $894.5M and total revenue of $2.1B. The city carries $0 in total debt, based on Census Bureau data from 2023.

Mount Prospect, IL employs 0 government workers, of which 0 are full-time. The average government salary is $0, with 0.0 employees per 10,000 residents.

Mount Prospect, IL has a Fiscal Health Score of A (87/100). This score evaluates budget balance, debt burden, pension funding, spending efficiency, revenue diversity, and 3-year fiscal trajectory compared to peer cities of similar population.