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Illinois Valley Times

Tuesday, June 24, 2025

The price of local government in 2017: Village of Ransom

Budget04

The Village of Ransom budget was $469,812 for its 2017 fiscal year, or $2,116 per household.

That's an increase of 29 percent from 2016, when the village spent $364,193, or $1,641 per household.

Ransom has 222 households and a population of 425.

Since 2001, the Village of Ransom budget has grown by 72 percent, from $273,155. The village population has grown 3.9 percent over the same period, from 409.

Salaries accounted for 2.5 percent of village spending in 2017. Ransom property taxpayers paid $11,791 for eight part-time employees, or an average of $1,474 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had 17 part-time employees and spent $66,668, or $3,922 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2017
425
$469,812
$11,791
2.5
8
$1,474
2016
425
$364,193
$13,309
3.7
8
$1,664
2015
425
$445,783
$14,723
3.3
8
$1,840
2014
425
$309,080
$14,995
4.9
11
$1,363
2013
425
$208,158
$23,869
11.5
11
$2,170
2012
425
$316,144
$71,457
22.6
15
$4,764
2007
425
$290,015
$92,441
31.9
18
$5,136
2006
425
$294,121
$65,918
22.4
16
$4,120
2005
425
$289,396
$67,031
23.2
19
$3,528
2004
425
$296,692
$80,255
27.1
13
$6,173
2003
425
$282,344
$92,105
32.6
9
$10,234
2002
409
$305,291
$78,621
25.8
14
$5,616
2001
409
$273,155
$66,668
24.4
17
$3,922

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

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