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Friday, November 15, 2024

The price of local government: Village of Raritan

Budget 11

The Village of Raritan budget was $102,000 for its 2015 fiscal year, or $1,961.54 per household.

That's a decrease of one percent from 2014, when the village spent $103,000, or $1,980.77 per household.

Raritan has 52 households and a population of 138.

Since 2001, the Village of Raritan budget has grown by 70.8 percent, from $59,732. The village population has fallen 1.4 percent over the same period, from 140.

Salaries accounted for 9.5 percent of village spending in 2015. Raritan property taxpayers paid $9,727.74 for 13 part-time employees, or an average of $748.29 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had 11 part-time employees and spent $11,391.55, or $1,035.60 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
138
$102,000
$9,727.74
9.5
13
$748.28
2014
138
$103,000
$9,437.89
9.2
11
$857.99
2013
140
$98,800
$9,756.24
9.9
11
$886.93
2012
150
$254,400
$9,335.42
3.7
12
$777.95
2011
150
$25,488
$7,414.20
29.1
11
$674.01
2010
150
$48,396
$7,567.98
15.6
13
$582.15
2009
150
$60,568
$5,503.10
9.1
10
$550.31
2008
150
$60,455
$5,892.95
9.7
11
$535.72
2007
140
$54,171
$5,543.46
10.2
11
$503.95
2006
140
$52,320
$5,025.60
9.6
12
$418.80
2005
140
$54,064
$8,627.92
16
12
$718.99
2004
140
$56,244
$4,098.33
7.3
12
$341.52
2003
140
$57,552
$11,260.92
19.6
12
$938.41
2002
140
$58,860
$11,516.85
19.6
12
$959.73
2001
140
$59,732
$11,391.55
19.1
11
$1,035.59

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

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