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McLean County Times

Wednesday, October 1, 2025

The price of local government in 2017: Village of Stanford

Budget 08

The Village of Stanford budget was $1.28 million for its 2017 fiscal year, or $5,106 per household.

That's an increase of 15.3 percent from 2016, when the village spent $1.11 million, or $4,429 per household.

Stanford has 250 households and a population of 596.

Since 2001, the Village of Stanford budget has grown by 68.3 percent, from $758,384. The village population has fallen 11 percent over the same period, from 670.

Salaries accounted for 10.2 percent of village spending in 2017. Stanford property taxpayers paid $130,862 for one full-time employee and seven part-time employees.

In 2001, the village had four full-time employees and seven part-time employees, and spent $130,650.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2017
596
$1,276,581
$130,862
10.3
8
$16,358
2016
596
$1,107,278
$133,556
12.1
6
$22,259
2015
596
$1,357,277
$132,743
9.8
6
$22,124
2014
596
$1,542,565
$132,887
8.6
6
$22,148
2013
596
$1,257,174
$110,280
8.8
5
$22,056
2012
596
$1,179,217
$97,873
8.3
5
$19,575
2011
596
$1,029,656
$98,691
9.6
5
$19,738
2010
670
$1,125,009
$122,885
10.9
8
$15,361
2009
670
$929,496
$111,921
12
8
$13,990
2008
670
$808,490
$135,069
16.7
8
$16,884
2007
670
$786,295
$125,160
15.9
12
$10,430
2006
670
$775,255
$122,395
15.8
12
$10,200
2005
670
$811,802
$128,064
15.8
12
$10,672
2004
670
$779,956
$137,430
17.6
11
$12,494
2003
670
$696,399
$140,011
20.1
5
$28,002
2002
670
$716,881
$137,973
19.2
11
$12,543
2001
670
$758,384
$130,650
17.2
11
$11,877

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

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