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Peoria Standard

Monday, May 20, 2024

The price of local government: City of Altamont

Budget 11

The City of Altamont budget was $9.72 million for its 2015 fiscal year, or $10,708.12 per household.

That's a decrease of 15.9 percent from 2014, when the city spent $11.56 million, or $12,735.01 per household.

Altamont has 908 households and a population of 2,304.

Since 2001, the City of Altamont budget has grown by 30 percent, from $7.48 million. The city population has fallen 3.3 percent over the same period, from 2,383.

Salaries accounted for 10.4 percent of city spending in 2015. Altamont property taxpayers paid $1.01 million for 21 full-time employees and five part-time employees.

In 2001, the city had 19 full-time employees and four part-time employees, and spent $857,363.81.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
2,304
$9,722,973.54
$1,007,063.34
10.4
26
$38,733.20
2014
2,319
$11,563,392.85
$974,384.12
8.4
26
$37,476.31
2013
2,319
$5,618,801.76
$964,037.36
17.2
25
$38,561.49
2012
2,319
$5,932,117.22
$1,102,247.36
18.6
24
$45,926.97
2011
2,319
$6,019,221.24
$953,991
15.8
32
$29,812.21
2010
2,296
$5,181,955.08
$992,785.11
19.2
31
$32,025.32
2009
2,296
$5,089,410.39
$1,086,322.11
21.3
31
$35,042.64
2008
2,296
$5,642,462.90
$970,276.76
17.2
30
$32,342.55
2007
2,296
$5,624,785.53
$965,439.54
17.2
30
$32,181.31
2006
2,296
$5,313,924
$937,293.60
17.6
33
$28,402.83
2005
2,296
$5,448,039.20
$879,179.84
16.1
36
$24,421.66
2004
2,296
$6,000,667.20
$1,002,308.07
16.7
33
$30,372.97
2003
2,390
$6,775,863.60
$870,546.60
12.8
36
$24,181.84
2002
2,390
$9,411,556.05
$855,897.30
9.1
32
$26,746.79
2001
2,383
$7,477,603.85
$857,363.81
11.5
23
$37,276.68

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

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