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Peoria Standard

Monday, November 4, 2024

The price of local government: Village of Franklin Park

Budget 07

The Village of Franklin Park budget was $73.32 million for its 2015 fiscal year, or $12,455 per household.

That's an increase of 7.2 percent from 2014, when the village spent $68.39 million, or $11,616.69 per household.

Franklin Park has 5,887 households and a population of 18,333.

Since 2001, the Village of Franklin Park budget has grown by 34.9 percent, from $54.35 million. The village population has fallen 0.9 percent over the same period, from 18,500.

Salaries accounted for 16.4 percent of village spending in 2015. Franklin Park property taxpayers paid $12.01 million for 145 full-time employees and 41 part-time employees.

In 2001, the village had 157 full-time employees and 96 part-time employees, and spent $13.37 million.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
18,333
$73,322,573.52
$12,011,603.64
16.4
186
$64,578.51
2014
18,333
$68,387,474.18
$11,924,271.89
17.4
175
$68,138.69
2013
18,333
$62,061,835.68
$10,950,773.60
17.6
175
$62,575.84
2012
18,333
$59,795,219.04
$11,531,529.06
19.3
178
$64,783.87
2011
19,800
$52,158,873.24
$11,455,828.92
22
219
$52,309.72
2010
19,800
$45,809,066.19
$12,351,891.30
27
173
$71,398.21
2006
18,490
$50,859,391.20
$12,203,576.40
24
228
$53,524.45
2005
19,060
$50,210,102.32
$13,194,992.52
26.3
256
$51,542.93
2004
19,060
$59,519,147.46
$13,045,001.16
21.9
299
$43,628.76
2003
19,200
$45,799,236.12
$13,019,492.64
28.4
294
$44,283.98
2002
19,200
$51,665,087.25
$13,350,006.90
25.8
333
$40,090.11
2001
18,500
$54,352,845.70
$13,372,974.15
24.6
253
$52,857.60

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

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