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West Central Reporter

Sunday, May 19, 2024

The price of local government: Village of Lomax

Budget 03

The Village of Lomax budget was $146,118.06 for its 2015 fiscal year, or $839.76 per household.

That's an increase of 3.9 percent from 2014, when the village spent $140,667.10, or $808.43 per household.

Lomax has 174 households and a population of 454.

Since 2001, the Village of Lomax budget has grown by 2.2 percent, from $142,911.55. The village population has fallen 4.8 percent over the same period, from 477.

Salaries accounted for 6.2 percent of village spending in 2015. Lomax property taxpayers paid $9,042.30 for seven full-time employees, or an average of $1,291.76 each, before their health care benefits and taxpayer-funded pension contributions.

Year
Population
Budget
2015
454
$146,118.06
2014
454
$140,667.10
2013
454
$142,032.80
2012
454
$151,849.24
2011
454
$151,474.32
2010
477
$155,400
2009
477
$158,200
2008
477
$152,764.70
2007
477
$111,150
2006
477
$114,000
2005
477
$117,800
2004
477
$101,885.49
2003
477
$164,380.92
2002
477
$141,116.85
2001
477
$142,911.55

All values in this story are inflation-adjusted real values.

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