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