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Saturday, November 2, 2024

The price of local government in 2016: City of Mt. Sterling

Budget 02

The City of Mt. Sterling budget was $245.40 million for its 2016 fiscal year, or $35,877 per household.

That's an increase of four percent from 2015, when the city spent $235.86 million, or $34,483 per household.

Mt. Sterling has 6,840 households and a population of 15,370.

Since 2001, the City of Mt. Sterling budget has grown by 1129.8 percent, from $19.95 million. The city population has fallen 0.5 percent over the same period, from 15,451.

Salaries accounted for 2.6 percent of city spending in 2016. Mt. Sterling property taxpayers paid $6.47 million for 93 full-time employees and 68 part-time employees.

In 2001, the city had 111 full-time employees and 80 part-time employees, and spent $6.28 million.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2016
15,370
$245,396,090
$6,472,212
2.6
161
$40,200
2015
155,960
$235,862,144
$6,281,442
2.7
94
$66,824
2014
15,596
$232,532,817
$6,444,078
2.8
183
$35,214
2013
15,596
$267,199,292
$6,418,770
2.4
195
$32,917
2012
15,596
$234,447,309
$6,231,704
2.7
193
$32,289
2011
15,596
$192,031,131
$6,457,204
3.4
185
$34,904
2010
15,596
$23,280,634
$6,648,982
28.6
183
$36,333
2009
15,596
$22,362,518
$6,835,915
30.6
188
$36,361
2008
15,596
$21,953,204
$6,536,007
29.8
188
$34,766
2007
15,596
$23,306,039
$6,621,208
28.4
196
$33,782
2006
15,596
$23,931,721
$6,532,958
27.3
181
$36,094
2005
15,596
$20,350,551
$6,655,516
32.7
133
$50,041
2004
15,596
$20,264,791
$6,644,153
32.8
133
$49,956
2003
15,596
$20,516,193
$6,593,212
32.1
141
$46,760
2002
15,596
$20,407,324
$6,544,643
32.1
141
$46,416
2001
15,451
$19,953,363
$6,280,623
31.5
191
$32,883

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

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