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Peoria Standard

Sunday, November 24, 2024

The price of local government: Village of Savoy

Budget 11

The Village of Savoy budget was $12.64 million for its 2015 fiscal year, or $5,661.39 per household.

That's a decrease of 13.8 percent from 2014, when the village spent $14.66 million, or $6,566.82 per household.

Savoy has 2,233 households and a population of 7,280.

Since 2001, the Village of Savoy budget has grown by 166 percent, from $4.75 million. The village population has grown 77.8 percent over the same period, from 4,095.

Salaries accounted for 12.4 percent of village spending in 2015. Savoy property taxpayers paid $1.56 million for 22 full-time employees and 12 part-time employees.

In 2001, the village had 13 full-time employees and six part-time employees, and spent $686,833.06.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
7,280
$12,641,891.22
$1,564,223.04
12.4
34
$46,006.56
2014
7,280
$14,663,701.09
$1,496,104.87
10.2
34
$44,003.08
2013
7,280
$12,635,158.64
$1,380,363.92
10.9
34
$40,598.93
2012
7,280
$11,544,503.46
$1,367,206.02
11.8
34
$40,211.94
2011
7,280
$12,498,398.28
$1,367,800.56
10.9
34
$40,229.42
2010
7,112
$13,397,707.77
$1,418,361.33
10.6
34
$41,716.50
2009
7,112
$10,412,917.23
$1,357,065.59
13
34
$39,913.69
2008
6,249
$8,392,238.80
$1,381,776.43
16.5
27
$51,176.90
2007
6,249
$10,456,290
$1,347,348.60
12.9
27
$49,901.79
2006
6,249
$12,135,981.60
$1,305,363.60
10.8
27
$48,346.80
2005
6,249
$10,863,516
$950,917.56
8.8
21
$45,281.78
2004
6,249
$11,539,953
$970,298.01
8.4
21
$46,204.66
2003
6,249
$3,858,729.60
$834,411.60
21.6
21
$39,733.88
2002
4,095
$5,963,099.85
$777,253.05
13
21
$37,012.04
2001
4,095
$4,753,461.60
$686,833.06
14.4
19
$36,149.10

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

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