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West Central Reporter

Friday, November 22, 2024

The price of local government: Village of Sorento

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The Village of Sorento budget was $716,348.04 for its 2015 fiscal year, or $3,301.14 per household.

That's a decrease of one percent from 2014, when the village spent $723,371.06, or $3,333.51 per household.

Sorento has 217 households and a population of 498.

Since 2001, the Village of Sorento budget has fallen by 11.2 percent, from $807,067. The village population has fallen 23.4 percent over the same period, from 650.

Salaries accounted for 7.1 percent of village spending in 2015. Sorento property taxpayers paid $50,607.30 for two full-time employees and eight part-time employees.

In 2001, the village had one full-time employee and 12 part-time employees, and spent $63,104.94.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
498
$716,348.04
$50,607.30
7.1
10
$5,060.73
2014
498
$723,371.06
$49,193.83
6.8
14
$3,513.84
2013
498
$630,604
$64,570.48
10.2
11
$5,870.04
2012
498
$551,836
$63,445.24
11.5
13
$4,880.40
2011
498
$2,090,988
$68,380.20
3.3
11
$6,216.38
2010
601
$2,154,554.40
$66,990.72
3.1
18
$3,721.70
2009
601
$1,443,654.10
$69,992.20
4.8
13
$5,384.01
2008
601
$1,338,513.25
$67,366.08
5
17
$3,962.71
2007
601
$1,395,576
$49,874.76
3.6
16
$3,117.17
2006
601
$600,600
$63,020.40
10.5
18
$3,501.13
2005
601
$967,249.60
$52,597.08
5.4
15
$3,506.47
2004
601
$857,269.50
$65,635.20
7.7
16
$4,102.20
2003
601
$957,448.80
$73,058.04
7.6
13
$5,619.84
2002
601
$954,348.75
$62,124.30
6.5
14
$4,437.45
2001
650
$807,067
$63,104.94
7.8
13
$4,854.22

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

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