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Peoria Standard

Sunday, November 24, 2024

The price of local government: Village of Hopewell

Budget 06

The Village of Hopewell budget was $274,686 for its 2015 fiscal year, or $1,760.81 per household.

That's an increase of 1.7 percent from 2014, when the village spent $270,066, or $1,731.19 per household.

Hopewell has 156 households and a population of 410.

Since 2004, the Village of Hopewell budget has fallen by 21.7 percent, from $350,880. The village population has grown 19.5 percent over the same period, from 343.

Salaries accounted for 4.4 percent of village spending in 2015. Hopewell property taxpayers paid $12,089.04 for six part-time employees, or an average of $2,014.84 each, before their health care benefits and taxpayer-funded pension contributions.

In 2004, the village had four part-time employees and spent $17,456.28, or $4,364.07 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
410
$274,686
$12,089.04
4.4
6
$2,014.83
2014
410
$270,066
$38,229.48
14.2
5
$7,645.89
2013
410
$272,688
$31,291.52
11.5
5
$6,258.30
2012
410
$277,932
$19,367.26
7
5
$3,873.45
2011
410
$283,176
$21,548.16
7.6
5
$4,309.63
2004
343
$350,880
$17,456.28
5
4
$4,364.07

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

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