That's a decrease of one percent from 2014, when the village spent $56,382.20, or $490.28 per household.
Loraine has 115 households and a population of 313.
Since 2001, the Village of Loraine budget has fallen by 42.8 percent, from $97,560.44. The village population has fallen 17.8 percent over the same period, from 381.
Salaries accounted for 30 percent of village spending in 2015. Loraine property taxpayers paid $16,768.80 for two part-time employees, or an average of $8,384.40 each, before their health care benefits and taxpayer-funded pension contributions.
In 2001, the village had two part-time employees and spent $21,481.60, or $10,740.80 each.
All values in this story are inflation-adjusted real values.