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McLean County Times

Friday, April 11, 2025

The price of local government in 2017: Village of Colfax

Budget 01

The Village of Colfax budget was $709,920 for its 2017 fiscal year, or $1,811 per household.

That's a decrease of 2.9 percent from 2016, when the village spent $730,800, or $1,864 per household.

Colfax has 392 households and a population of 1,036.

Since 2001, the Village of Colfax budget has fallen by 2.4 percent, from $727,111. The village population has grown 3.6 percent over the same period, from 1,000.

Salaries accounted for 42.7 percent of village spending in 2017. Colfax property taxpayers paid $303,325 for four full-time employees and 20 part-time employees.

In 2001, the village had eight full-time employees and four part-time employees, and spent $196,517.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2017
1,036
$709,920
$303,325
42.7
24
$12,639
2016
1,061
$730,800
$289,615
39.6
24
$12,067
2015
1,061
$736,612
$285,527
38.8
25
$11,421
2014
1,061
$706,170
$268,821
38.1
22
$12,219
2013
1,061
$820,800
$250,165
30.5
10
$25,016
2012
989
$817,500
$278,250
34
10
$27,825
2011
989
$975,800
$363,736
37.3
10
$36,374
2010
989
$888,354
$277,909
31.3
10
$27,791
2009
989
$1,061,989
$304,648
28.7
10
$30,465
2008
800
$1,062,599
$264,957
24.9
14
$18,926
2007
800
$11,080,089
$261,724
2.4
14
$18,695
2006
800
$1,135,255
$269,375
23.7
14
$19,241
2005
800
$1,306,014
$204,634
15.7
12
$17,053
2004
800
$730,434
$215,814
29.5
12
$17,984
2003
1,000
$822,256
$161,365
19.6
12
$13,447
2002
1,000
$726,285
$173,907
23.9
12
$14,492
2001
1,000
$727,111
$196,517
27
12
$16,376

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

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