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Friday, November 22, 2024

The price of local government: Village of Olmsted

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The Village of Olmsted budget was $558,205.20 for its 2015 fiscal year, or $3,226.62 per household.

That's a decrease of 48.3 percent from 2014, when the village spent $1.08 million, or $6,247.04 per household.

Olmsted has 173 households and a population of 318.

Since 2001, the Village of Olmsted budget has grown by 169.8 percent, from $206,870. The village population has grown 6.4 percent over the same period, from 299.

Salaries accounted for 16 percent of village spending in 2015. Olmsted property taxpayers paid $89,101.08 for two full-time employees and nine part-time employees.

In 2001, the village had two full-time employees and three part-time employees, and spent $87,844.40.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
318
$558,205.20
$89,101.08
16
11
$8,100.09
2014
333
$1,080,737.80
$89,885.01
8.3
11
$8,171.36
2013
333
$1,066,655.20
$92,598.48
8.7
11
$8,418.04
2012
333
$524,615.20
$88,605.40
16.9
11
$8,055.03
2011
333
$518,799.60
$81,006.48
15.6
12
$6,750.54
2010
286
$554,134.20
$79,147.44
14.3
10
$7,914.74
2009
286
$584,888
$79,059.32
13.5
10
$7,905.93
2008
267
$618,110
$80,190.45
13
4
$20,047.61
2007
299
$959,985
$81,705.78
8.5
4
$20,426.44
2006
675
$137,940
$76,030.80
55.1
3
$25,343.60
2005
675
$133,114
$72,223.80
54.3
4
$18,055.95
2004
299
$887,520
$80,723.04
9.1
4
$20,180.76
2003
299
$1,305,348
$80,711.40
6.2
4
$20,177.85
2002
299
$595,215
$88,237.35
14.8
5
$17,647.47
2001
299
$206,870
$87,844.40
42.5
5
$17,568.88

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

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