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Saturday, November 23, 2024

The price of local government: Village of Bingham

Budget 03

The Village of Bingham budget was $29,898.24 for its 2015 fiscal year, or $906.01 per household.

That's a decrease of 92.4 percent from 2014, when the village spent $390,902.51, or $11,845.53 per household.

Bingham has 33 households and a population of 84.

Since 2001, the Village of Bingham budget has fallen by 64.5 percent, from $84,255. The village population has fallen 28.2 percent over the same period, from 117.

Salaries accounted for 9.5 percent of village spending in 2015. Bingham property taxpayers paid $2,845.80 for six part-time employees, or an average of $474.30 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had one part-time employee and spent $883.65, or $883.65 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
84
$29,898.24
$2,845.80
9.5
6
$474.30
2014
84
$390,902.51
$2,935.50
0.8
6
$489.25
2013
84
$33,905.04
$3,057.60
9
8
$382.20
2012
84
$44,128.86
$3,339
7.6
8
$417.37
2011
84
$71,722.80
$3,931.20
5.5
8
$491.40
2010
120
$46,258.14
$3,829.50
8.3
9
$425.49
2007
120
$44,307.90
$4,574.70
10.3
8
$571.83
2006
120
$48,924
$4,137.60
8.5
8
$517.20
2005
117
$81,728.40
$3,072.72
3.8
8
$384.09
2004
117
$85,023.90
$3,386.25
4
10
$338.62
2003
117
$87,496.20
$1,849.32
2.1
1
$1,849.32
2002
117
$111,321
$1,725.30
1.5
1
$1,725.30
2001
117
$84,255
$883.65
1
1
$883.65

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

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