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Peoria Standard

Tuesday, April 30, 2024

The price of local government: Village of Forest City

Budget 11

The Village of Forest City budget was $234,784.62 for its 2015 fiscal year, or $1,908.82 per household.

That's a decrease of 0.1 percent from 2014, when the city spent $234,974.93, or $1,910.37 per household.

Forest has 123 households and a population of 246.

Since 2001, the Village of Forest City budget has grown by 72.3 percent, from $136,299.93. The city population has fallen 18 percent over the same period, from 300.

Salaries accounted for 20.5 percent of city spending in 2015. Forest property taxpayers paid $48,167.46 for 16 part-time employees, or an average of $3,010.47 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the city had 16 part-time employees and spent $26,043.70, or $1,627.73 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
246
$234,784.62
$48,167.46
20.5
16
$3,010.46
2014
246
$234,974.93
$40,709.72
17.3
13
$3,131.51
2013
340
$229,421.92
$35,559.68
15.5
12
$2,963.30
2012
340
$214,952.10
$39,960.94
18.6
15
$2,664.06
2011
340
$195,751.08
$37,400.40
19.1
16
$2,337.52
2010
320
$201,903.45
$30,876.87
15.3
16
$1,929.80
2009
320
$216,395
$32,747.40
15.1
16
$2,046.71
2008
325
$186,450
$28,123.44
15.1
17
$1,654.32
2007
325
$200,187
$30,835.35
15.4
21
$1,468.35
2006
345
$282,768
$33,932.40
12
20
$1,696.62
2005
345
$270,575.44
$32,197.84
11.9
18
$1,788.76
2004
340
$162,540
$33,368.43
20.5
17
$1,962.84
2003
320
$166,980
$35,989.80
21.6
18
$1,999.43
2002
306
$145,800
$28,575.45
19.6
17
$1,680.90
2001
300
$136,299.93
$26,043.70
19.1
16
$1,627.73

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

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