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Illinois Valley Times

Wednesday, May 1, 2024

The price of local government: Village of Cedar Point

Budget 08

The Village of Cedar Point budget was $1.72 million for its 2015 fiscal year, or $16,677.45 per household.

That's an increase of 490.1 percent from 2014, when the village spent $291,088.30, or $2,826.10 per household.

Cedar Point has 103 households and a population of 277.

Since 2001, the Village of Cedar Point budget has grown by 392.2 percent, from $349,004.76. The village population has grown 5.7 percent over the same period, from 262.

Salaries accounted for 2.6 percent of village spending in 2015. Cedar Point property taxpayers paid $45,152.34 for 12 part-time employees, or an average of $3,762.70 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had 12 part-time employees and spent $34,299.32, or $2,858.28 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
277
$1,717,776.90
$45,152.34
2.6
12
$3,762.69
2014
277
$291,088.30
$44,674.19
15.3
12
$3,722.84
2013
277
$293,058.48
$42,343.60
14.4
12
$3,528.63
2012
277
$308,410.18
$38,496.02
12.5
15
$2,566.40
2011
286
$292,602.24
$39,080.88
13.4
15
$2,605.39
2010
286
$284,434.17
$41,720.46
14.7
15
$2,781.36
2009
286
$240,700.17
$44,240.63
18.4
16
$2,765.03
2008
262
$231,852.27
$39,812.16
17.2
16
$2,488.26
2007
262
$254,567.43
$32,810.31
12.9
16
$2,050.64
2006
262
$294,159.60
$31,962
10.9
16
$1,997.62
2005
262
$729,961.96
$30,575.92
4.2
15
$2,038.39
2004
262
$765,040.95
$31,897.83
4.2
15
$2,126.52
2003
262
$348,994.80
$35,923.80
10.3
12
$2,993.65
2002
262
$378,984.15
$32,470.20
8.6
12
$2,705.84
2001
262
$349,004.76
$34,299.32
9.8
12
$2,858.27

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

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