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Peoria Standard

Sunday, November 24, 2024

The price of local government: Village of Riverwoods

Budget06

The Village of Riverwoods budget was $16.15 million for its 2015 fiscal year, or $12,176.15 per household.

That's a decrease of 5.3 percent from 2014, when the village spent $17.05 million, or $12,861.62 per household.

Riverwoods has 1,326 households and a population of 3,770.

Since 2001, the Village of Riverwoods budget has fallen by 57.2 percent, from $37.76 million. The village population has fallen 2.1 percent over the same period, from 3,851.

Salaries accounted for eight percent of village spending in 2015. Riverwoods property taxpayers paid $1.28 million for 20 full-time employees and seven part-time employees.

In 2001, the village had nine full-time employees and 11 part-time employees, and spent $347,410.08.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
3,770
$16,145,581.02
$1,282,828.50
7.9
27
$47,512.16
2014
3,770
$17,054,504.13
$1,318,545.23
7.7
21
$62,787.86
2013
3,770
$17,006,626
$1,296,797.84
7.6
26
$49,876.84
2012
3,660
$16,104,686
$1,280,926.26
8
25
$51,237.05
2011
4,000
$16,694,208
$1,310,598.36
7.9
24
$54,608.26
2010
3,660
$18,741,018
$1,258,403.67
6.7
23
$54,713.20
2009
3,900
$17,949,372
$1,294,687.33
7.2
23
$56,290.75
2008
3,900
$16,758,295.50
$1,217,994.23
7.3
23
$52,956.27
2007
4,098
$17,305,587
$1,167,241.14
6.7
22
$53,056.41
2005
3,950
$18,673,587.80
$925,689.76
5
24
$38,570.40
2004
3,904
$18,551,945.37
$1,077,498.30
5.8
26
$41,442.24
2003
3,843
$14,224,650
$1,019,317.20
7.2
21
$48,538.91
2002
3,843
$46,992,663
$876,965.40
1.9
21
$41,760.25
2001
3,851
$37,759,302.95
$347,410.08
0.9
20
$17,370.50

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

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