That's an increase of 11.5 percent from 2014, when the village spent $246,195.75, or $2,034.68 per household.
Panama has 121 households and a population of 343.
Since 2001, the Village of Panama budget has grown by 19 percent, from $230,598.40. The village population has grown 0.9 percent over the same period, from 340.
Salaries accounted for 3.6 percent of village spending in 2015. Panama property taxpayers paid $9,975.60 for 12 part-time employees, or an average of $831.30 each, before their health care benefits and taxpayer-funded pension contributions.
In 2001, the village had 15 part-time employees and spent $39,751.92, or $2,650.13 each.
Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
343
$274,443.24
$9,975.60
3.6
12
$831.30
2014
343
$246,195.75
$9,557.37
3.9
12
$796.44
2013
343
$244,518.56
$10,259.60
4.2
13
$789.20
2012
343
$250,810.84
$16,187.26
6.5
12
$1,348.93
2011
343
$212,479.20
$20,963.88
9.9
12
$1,746.98
2010
340
$218,381.40
$16,612.26
7.6
12
$1,384.35
2009
340
$222,316.20
$23,207.94
10.4
12
$1,933.99
2008
340
$233,559.70
$22,709.61
9.7
12
$1,892.46
2007
340
$227,845.80
$21,717.54
9.5
14
$1,551.25
2006
340
$233,688
$29,415.60
12.6
14
$2,101.11
2005
340
$267,517.60
$32,316.88
12.1
17
$1,900.99
2004
340
$237,927.60
$32,008.77
13.5
14
$2,286.34
2003
340
$243,460.80
$26,303.64
10.8
14
$1,878.83
2002
340
$226,719
$26,576.10
11.7
14
$1,898.29
2001
340
$230,598.40
$39,751.92
17.2
15
$2,650.12
All values in this story are inflation-adjusted real values.
Alerts Sign-up