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Saturday, April 20, 2024

The price of local government: Village of New Grand Chain

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The Village of New Grand Chain budget was $64,260 for its 2015 fiscal year, or $747.21 per household.

That's a decrease of 32.9 percent from 2014, when the village spent $95,790, or $1,113.84 per household.

New Grand Chain has 86 households and a population of 210.

Since 2001, the Village of New Grand Chain budget has fallen by 55.9 percent, from $145,657.03. The village population has fallen 23.1 percent over the same period, from 273.

Salaries accounted for 20 percent of village spending in 2015. New Grand Chain property taxpayers paid $12,830.58 for four part-time employees, or an average of $3,207.65 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had one full-time employee and eight part-time employees, and spent $21,969.32.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
210
$64,260
$12,830.58
20
4
$3,207.64
2014
210
$95,790
$12,785.39
13.3
5
$2,557.07
2013
210
$65,520
$12,979.20
19.8
5
$2,595.84
2012
210
$66,780
$13,292.40
19.9
5
$2,658.48
2011
210
$68,040
$15,182.64
22.3
5
$3,036.52
2010
198
$69,930
$17,521.35
25.1
10
$1,752.13
2009
198
$68,930
$19,300.40
28
11
$1,754.58
2008
207
$68,930
$18,232.55
26.5
11
$1,657.50
2007
216
$71,370
$18,006.30
25.2
11
$1,636.93
2006
218
$90,000
$15,592.80
17.3
5
$3,118.56
2005
235
$192,200
$18,557.84
9.7
6
$3,092.97
2004
235
$147,060
$18,715.32
12.7
7
$2,673.61
2003
273
$71,940
$20,895.60
29
7
$2,985.08
2002
273
$64,800
$21,790.35
33.6
7
$3,112.90
2001
273
$145,657.03
$21,969.32
15.1
9
$2,441.03

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

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