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McLean County Times

Tuesday, April 16, 2024

The price of local government: Village of Cornell

Budget 04

The Village of Cornell budget was $7.10 million for its 2015 fiscal year, or $43,044.62 per household.

That's a decrease of 1.1 percent from 2014, when the village spent $7.18 million, or $43,504.08 per household.

Cornell has 165 households and a population of 464.

Since 2001, the Village of Cornell budget has grown by 4049 percent, from $171,181.50. The village population has fallen 16.5 percent over the same period, from 556.

Salaries accounted for 0.6 percent of village spending in 2015. Cornell property taxpayers paid $42,319.80 for 16 part-time employees, or an average of $2,644.99 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had nine part-time employees and spent $20,781.53, or $2,309.06 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
464
$7,102,362
$42,319.80
0.6
16
$2,644.98
2014
464
$7,178,173
$38,918.55
0.5
16
$2,432.40
2013
464
$487,864
$53,537.12
11
14
$3,824.08
2012
466
$4,204,914
$56,339
1.3
12
$4,694.91
2011
555
$7,486,452
$23,448.96
0.3
11
$2,131.72
2009
501
$7,844,347
$37,454.98
0.5
17
$2,203.23
2008
505
$969,653
$11,052.53
1.1
16
$690.78
2007
505
$971,802
$43,056
4.4
9
$4,784
2006
505
$1,002,960
$44,168.40
4.4
9
$4,907.60
2005
556
$471,572
$37,443.04
7.9
9
$4,160.33
2004
556
$409,833
$16,395.90
4
9
$1,821.76
2003
556
$209,616
$20,218.44
9.6
9
$2,246.49
2002
556
$209,364.75
$16,066.35
7.7
9
$1,785.14
2001
556
$171,181.50
$20,781.53
12.1
9
$2,309.05

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

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