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Peoria Standard

Friday, May 24, 2024

The price of local government: Village of Hanover Park

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The Village of Hanover Park budget was $102.89 million for its 2015 fiscal year, or $19,912.55 per household.

That's an increase of 79.7 percent from 2014, when the village spent $57.25 million, or $11,080.21 per household.

Hanover Park has 5,167 households and a population of 38,476.

Since 2001, the Village of Hanover Park budget has grown by 155.4 percent, from $40.29 million. The village population has grown 0.5 percent over the same period, from 38,278.

Salaries accounted for 27.5 percent of village spending in 2015. Hanover Park property taxpayers paid $28.28 million for 195 full-time employees and 33 part-time employees.

In 2001, the village had 172 full-time employees and 52 part-time employees, and spent $13.03 million.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
38,476
$102,888,149.70
$28,281,861.30
27.5
228
$124,043.25
2014
37,973
$57,251,469.53
$16,472,551.04
28.8
243
$67,788.27
2013
37,973
$55,441,089.60
$16,392,647.44
29.6
243
$67,459.45
2012
37,973
$85,868,936.86
$17,480,056.14
20.4
243
$71,934.38
2011
37,973
$69,255,329.40
$15,908,054.40
23
236
$67,407.01
2010
38,278
$50,557,025.70
$17,051,129.58
33.7
242
$70,459.21
2009
38,278
$50,129,512
$17,122,598.46
34.2
256
$66,885.15
2008
38,278
$47,789,762.25
$16,911,678.31
35.4
253
$66,844.57
2007
38,278
$46,141,387.11
$15,810,177.24
34.3
248
$63,750.71
2006
38,278
$49,859,916
$15,146,337.60
30.4
243
$62,330.60
2005
38,278
$43,892,974.40
$14,466,109.08
33
211
$68,559.75
2004
38,278
$46,988,061.66
$14,898,687.30
31.7
245
$60,810.96
2003
38,278
$48,070,459.80
$14,795,037.84
30.8
245
$60,387.90
2002
38,278
$52,528,759.20
$14,325,052.50
27.3
248
$57,762.30
2001
38,278
$40,290,186.15
$13,027,417.68
32.3
224
$58,158.11

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

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