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Illinois Valley Times

Saturday, November 2, 2024

The price of local government: Village of Mineral

Budget01

The Village of Mineral budget was $367,251 for its 2015 fiscal year, or $2,661.24 per household.

That's a decrease of 2.4 percent from 2014, when the village spent $376,351.70, or $2,727.19 per household.

Mineral has 138 households and a population of 237.

Since 2003, the Village of Mineral budget has grown by 98.1 percent, from $185,407.20. The village population has fallen 12.9 percent over the same period, from 272.

Salaries accounted for four percent of village spending in 2015. Mineral property taxpayers paid $14,682.90 for nine part-time employees, or an average of $1,631.43 each, before their health care benefits and taxpayer-funded pension contributions.

In 2003, the village had 10 part-time employees and spent $10,975.80, or $1,097.58 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
237
$367,251
$14,682.90
4
9
$1,631.43
2014
237
$376,351.70
$14,806.25
3.9
10
$1,480.62
2013
237
$325,925.60
$14,285.44
4.4
9
$1,587.27
2012
272
$327,847.40
$23,977.20
7.3
10
$2,397.72
2011
272
$327,553.20
$15,033.60
4.6
12
$1,252.80
2007
272
$437,207.94
$12,399.66
2.8
10
$1,239.96
2004
272
$326,434.50
$11,306.85
3.5
10
$1,130.68
2003
272
$185,407.20
$10,975.80
5.9
10
$1,097.58

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

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