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Peoria Standard

Monday, December 23, 2024

The price of local government: Village of Niantic

Budget 07

The Village of Niantic budget was $470,192.46 for its 2015 fiscal year, or $1,469.35 per household.

That's an increase of 7.6 percent from 2014, when the village spent $437,096.98, or $1,365.93 per household.

Niantic has 320 households and a population of 7,070.

Since 2001, the Village of Niantic budget has fallen by 12.2 percent, from $535,670. The village population has grown 987.7 percent over the same period, from 650.

Salaries accounted for 22.6 percent of village spending in 2015. Niantic property taxpayers paid $106,438.02 for one full-time employee and 16 part-time employees.

In 2001, the village had one full-time employee and 19 part-time employees, and spent $98,531.77.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
7,070
$470,192.46
$106,438.02
22.6
17
$6,261.06
2014
707
$437,096.98
$101,988.54
23.3
15
$6,799.23
2013
707
$548,470
$113,870.64
20.8
15
$7,591.37
2012
707
$347,017.50
$90,827.16
26.2
15
$6,055.14
2011
663
$350,973
$92,540.88
26.4
15
$6,169.39
2010
663
$393,447.27
$103,259.97
26.2
17
$6,074.11
2009
667
$325,611.76
$98,891.95
30.4
17
$5,817.17
2008
738
$297,377.58
$101,547.45
34.1
20
$5,077.37
2007
738
$314,233.92
$94,417.83
30
20
$4,720.89
2006
738
$744,600
$90,488.40
12.2
25
$3,619.53
2005
738
$904,890
$92,722.24
10.2
24
$3,863.42
2004
738
$941,377.50
$100,044.66
10.6
24
$4,168.52
2003
650
$539,880
$105,775.56
19.6
18
$5,876.41
2002
650
$527,850
$113,792.85
21.6
20
$5,689.64
2001
650
$535,670
$98,531.77
18.4
20
$4,926.58

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

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