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Illinois Valley Times

Sunday, June 22, 2025

The price of local government: Village of Magnolia

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The Village of Magnolia budget was $182,602.44 for its 2015 fiscal year, or $1,706.56 per household.

That's an increase of 17728292.2 percent from 2014, when the village spent $1.03, or $0.01 per household.

Magnolia has 107 households and a population of 275.

Since 2001, the Village of Magnolia budget has fallen by 11.5 percent, from $206,322. The village population has fallen 21.4 percent over the same period, from 350.

Salaries accounted for 14.4 percent of village spending in 2015. Magnolia property taxpayers paid $26,328.24 for 11 part-time employees, or an average of $2,393.48 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had eight part-time employees and spent $19,764.99, or $2,470.62 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
275
$182,602.44
$26,328.24
14.4
11
$2,393.47
2014
275
$1.03
$27,103.42
2631400
11
$2,463.94
2013
275
$116,284.48
$24,124.88
20.7
11
$2,193.17
2012
260
$118,520.72
$27,878
23.5
12
$2,323.16
2011
279
$201,042
$29,226.96
14.5
12
$2,435.58
2010
279
$178,658.94
$30,697.05
17.2
12
$2,558.08
2009
279
$279,223
$25,887.17
9.3
12
$2,157.26
2008
279
$980,565.41
$22,963.86
2.3
12
$1,913.65
2007
279
$579,091.50
$19,969.56
3.4
12
$1,664.12
2006
279
$205,332
$22,521.60
11
12
$1,876.80
2005
279
$172,012.80
$28,490.24
16.6
12
$2,374.18
2004
300
$230,237.91
$26,975.19
11.7
5
$5,395.03
2002
350
$214,839
$18,904.05
8.8
8
$2,363
2001
350
$206,322
$19,764.99
9.6
8
$2,470.62

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

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