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West Central Reporter

Monday, April 29, 2024

The price of local government: Village of Loraine

Budget04

The Village of Loraine budget was $55,834.80 for its 2015 fiscal year, or $485.52 per household.

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.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
313
$55,834.80
$16,768.80
30
2
$8,384.40
2014
313
$56,382.20
$12,557.76
22.3
2
$6,278.88
2013
359
$56,929.60
$23,134.80
40.6
2
$11,567.40
2012
359
$58,024.40
$23,770.50
41
2
$11,885.25
2011
359
$51,642.36
$21,060
40.8
2
$10,530
2010
359
$87,030.66
$21,622.80
24.8
2
$10,811.40
2009
359
$146,900
$22,865.55
15.6
2
$11,432.77
2008
359
$84,009.85
$19,187.40
22.8
2
$9,593.70
2007
359
$80,712.45
$16,426.80
20.4
2
$8,213.40
2006
359
$96,000
$16,848
17.6
2
$8,424
2005
358
$84,475
$17,260.80
20.4
2
$8,630.40
2004
363
$41,123.91
$11,732.55
28.5
2
$5,866.27
2003
361
$41,309.40
$16,632
40.3
2
$8,316
2002
363
$102,444.75
$17,685
17.3
2
$8,842.50
2001
381
$97,560.44
$21,481.60
22
2
$10,740.80

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

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