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Peoria Standard

Wednesday, December 25, 2024

The price of local government: Village of Milford

Budget 03

The Village of Milford budget was $1.74 million for its 2015 fiscal year, or $2,936.12 per household.

That's an increase of 7.8 percent from 2014, when the village spent $1.61 million, or $2,723.45 per household.

Milford has 592 households and a population of 1,369.

Since 2001, the Village of Milford budget has fallen by 77.7 percent, from $7.81 million. The village population has fallen 9.5 percent over the same period, from 1,513.

Salaries accounted for 16.7 percent of village spending in 2015. Milford property taxpayers paid $289,605.54 for six full-time employees and eight part-time employees.

In 2001, the village had five full-time employees and four part-time employees, and spent $261,198.72.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
1,369
$1,738,182
$289,605.54
16.7
14
$20,686.11
2014
1,369
$1,612,279.60
$284,727.02
17.7
14
$20,337.64
2013
1,369
$2,005,962.40
$244,600.72
12.2
14
$17,471.48
2012
1,369
$2,485,424.40
$251,964.12
10.1
14
$17,997.43
2011
1,369
$2,216,015.28
$273,985.20
12.4
14
$19,570.37
2010
1,369
$2,560,643.46
$278,443.50
10.9
14
$19,888.82
2009
1,369
$3,245,632.33
$282,521.47
8.7
14
$20,180.10
2008
1,369
$3,211,460
$267,937.69
8.3
14
$19,138.40
2007
1,369
$2,670,379.92
$277,540.38
10.4
14
$19,824.31
2006
1,369
$2,766,726
$284,656.80
10.3
14
$20,332.62
2005
1,369
$2,123,549.60
$248,395.56
11.7
14
$17,742.54
2004
1,369
$1,153,905
$229,730.94
19.9
14
$16,409.35
2003
1,369
$1,125,300
$262,265.52
23.3
14
$18,733.25
2002
1,369
$2,226,285
$277,361.55
12.5
10
$27,736.15
2001
1,513
$7,811,740
$261,198.72
3.3
9
$29,022.08

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

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