The price of local government in 2017: Village of Magnolia
That's an increase of 5.8 percent from 2016, when the village spent $187,973, or $1,757 per household.
Magnolia has 107 households and a population of 275.
Since 2001, the Village of Magnolia budget has fallen by seven percent, from $213,852. The village population has fallen 21.4 percent over the same period, from 350.
Salaries accounted for 13.7 percent of village spending in 2017. Magnolia property taxpayers paid $27,141 for 11 part-time employees, or an average of $2,467 each, before their health care benefits and taxpayer-funded pension contributions.
In 2001, the village had eight part-time employees and spent $20,486, or $2,561 each.
All values in this story are inflation-adjusted real values.