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Peoria Standard

Friday, November 22, 2024

The price of local government: City of Madison

Budget 04

The City of Madison budget was $8.23 million for its 2015 fiscal year, or $4.12 million per household.

That's an increase of 2.1 percent from 2014, when the city spent $8.07 million, or $4.03 million per household.

Madison has 2 households and a population of 3,891.

Since 2001, the City of Madison budget has grown by 4.1 percent, from $7.91 million. The city population has fallen 14.4 percent over the same period, from 4,545.

Salaries accounted for 23.5 percent of city spending in 2015. Madison property taxpayers paid $1.94 million for 29 full-time employees and 45 part-time employees.

In 2001, the city had 38 full-time employees and 27 part-time employees, and spent $2.01 million.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
3,891
$8,233,440
$1,935,558.12
23.5
74
$26,156.19
2014
3,895
$8,067,887
$1,958,078.41
24.3
74
$26,460.51
2013
3,891
$8,816,080
$1,934,885.68
21.9
70
$27,641.22
2012
3,891
$8,866,900
$1,812,821.54
20.4
69
$26,272.77
2011
3,891
$8,145,676.44
$1,865,282.04
22.9
66
$28,261.84
2010
4,545
$7,437,000
$1,898,803.74
25.5
68
$27,923.58
2009
4,555
$7,150,640
$2,063,356.27
28.9
51
$40,457.96
2008
4,545
$7,538,964.50
$1,925,386.66
25.5
55
$35,007.03
2007
4,545
$7,997,301
$1,898,223.21
23.7
55
$34,513.14
2006
4,545
$10,379,166
$1,893,186
18.2
62
$30,535.25
2005
4,545
$8,939,563
$1,912,806.64
21.4
63
$30,362.01
2004
4,545
$9,629,334
$1,683,368.73
17.5
63
$26,720.13
2003
4,545
$9,737,129.16
$2,022,530.40
20.8
65
$31,115.85
2002
4,545
$7,761,885.75
$1,999,530.90
25.8
65
$30,762.01
2001
4,545
$7,906,400.15
$2,014,528.83
25.5
65
$30,992.75

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

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