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McLean County Times

Thursday, April 25, 2024

The price of local government: Village of Stanford

Budget 03

The Village of Stanford budget was $1.31 million for its 2015 fiscal year, or $5,309.18 per household.

That's a decrease of 12.9 percent from 2014, when the village spent $1.50 million, or $6,093.12 per household.

Stanford has 246 households and a population of 596.

Since 2001, the Village of Stanford budget has grown by 78.5 percent, from $731,680.01. The village population has fallen 11 percent over the same period, from 670.

Salaries accounted for 9.8 percent of village spending in 2015. Stanford property taxpayers paid $127,733.58 for one full-time employee and five part-time employees.

In 2001, the village had four full-time employees and seven part-time employees, and spent $126,049.59.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
596
$1,306,059
$127,733.58
9.8
6
$21,288.93
2014
596
$1,498,907.50
$129,125.95
8.6
6
$21,520.99
2013
596
$1,210,612
$106,195.44
8.8
5
$21,239.08
2012
596
$1,146,761
$95,179.52
8.3
5
$19,035.90
2011
596
$984,096
$94,323.96
9.6
5
$18,864.79
2010
670
$1,095,403.50
$119,651.34
10.9
8
$14,956.41
2009
670
$897,718.33
$108,094.67
12
8
$13,511.83
2008
670
$780,849.21
$130,451.72
16.7
8
$16,306.46
2007
670
$754,069.68
$120,030.30
15.9
12
$10,002.52
2006
670
$744,244.80
$117,499.20
15.8
12
$9,791.60
2005
670
$774,334.12
$122,153.64
15.8
12
$10,179.47
2004
670
$750,853.53
$132,302.40
17.6
11
$12,027.49
2003
670
$675,916.56
$135,892.68
20.1
5
$27,178.53
2002
670
$691,278.30
$133,045.20
19.2
11
$12,095.01
2001
670
$731,680.01
$126,049.59
17.2
11
$11,459.05

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

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