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Illinois Valley Times

Wednesday, April 24, 2024

The price of local government: Village of Ransom

Budget 10

The Village of Ransom budget was $428,961 for its 2015 fiscal year, or $1,932.26 per household.

That's an increase of 42.8 percent from 2014, when the village spent $300,332.55, or $1,352.85 per household.

Ransom has 222 households and a population of 425.

Since 2001, the Village of Ransom budget has grown by 62.8 percent, from $263,537.31. The village population has grown 3.9 percent over the same period, from 409.

Salaries accounted for 3.3 percent of village spending in 2015. Ransom property taxpayers paid $14,167.80 for eight part-time employees, or an average of $1,770.98 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had 17 part-time employees and spent $64,320.13, or $3,783.54 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
425
$428,961
$14,167.80
3.3
8
$1,770.97
2014
425
$300,332.55
$14,570.38
4.9
11
$1,324.58
2013
425
$200,448.56
$22,985.04
11.5
11
$2,089.54
2012
425
$307,442.40
$69,490.42
22.6
15
$4,632.69
2007
425
$278,128.89
$88,652.07
31.9
18
$4,925.11
2006
425
$282,356.40
$63,280.80
22.4
16
$3,955.05
2005
425
$276,038.88
$63,936.88
23.2
19
$3,365.09
2004
425
$285,621.48
$77,260.68
27.1
13
$5,943.12
2003
425
$274,039.92
$89,395.68
32.6
9
$9,932.85
2002
409
$294,387.75
$75,813.30
25.8
14
$5,415.23
2001
409
$263,537.31
$64,320.13
24.4
17
$3,783.53

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

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