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Peoria Standard

Sunday, November 24, 2024

The price of local government: Village of Richmond

Budget 08

The Village of Richmond budget was $5.61 million for its 2015 fiscal year, or $8,264.22 per household.

That's an increase of 97.6 percent from 2014, when the village spent $2.84 million, or $4,181.30 per household.

Richmond has 679 households and a population of 1,874.

Since 2001, the Village of Richmond budget has fallen by 54.3 percent, from $12.27 million. The village population has grown 71.8 percent over the same period, from 1,091.

Salaries accounted for 12.4 percent of village spending in 2015. Richmond property taxpayers paid $695,850.12 for 10 full-time employees and 22 part-time employees.

In 2001, the village had 10 full-time employees and 12 part-time employees, and spent $659,137.14.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
1,874
$5,611,402.50
$695,850.12
12.4
32
$21,745.31
2014
1,874
$2,839,105.39
$673,966.08
23.7
29
$23,240.20
2013
1,874
$2,827,426.16
$645,191.04
22.8
29
$22,247.96
2012
1,875
$3,102,923.16
$615,934.20
19.9
35
$17,598.12
2011
1,863
$4,100,060.16
$701,397.36
17.1
42
$16,699.93
2010
1,612
$7,388,811.57
$695,918.94
9.4
30
$23,197.29
2009
1,612
$4,876,199.73
$725,891.66
14.9
38
$19,102.41
2007
1,612
$2,470,960.44
$746,237.70
30.2
37
$20,168.58
2006
1,612
$10,188,907.20
$743,082
7.3
57
$13,036.52
2005
1,091
$9,432,952.80
$899,700.60
9.5
59
$15,249.16
2004
1,091
$12,039,846.06
$773,469.81
6.4
33
$23,438.47
2003
1,091
$11,726,078.76
$662,141.04
5.6
28
$23,647.89
2002
1,091
$4,054,109.40
$732,928.50
18.1
25
$29,317.14
2001
1,091
$12,265,763.44
$659,137.14
5.4
22
$29,960.77

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

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