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Monday, May 20, 2024

The price of local government in 2017: Village of Savoy

Budget 08

The Village of Savoy budget was $13.26 million for its 2017 fiscal year, or $5,939 per household.

That's an increase of 6.8 percent from 2016, when the village spent $12.42 million, or $5,561 per household.

Savoy has 2,233 households and a population of 8,607.

Since 2001, the Village of Savoy budget has grown by 169.2 percent, from $4.93 million. The village population has grown 110.2 percent over the same period, from 4,095.

Salaries accounted for 12.5 percent of village spending in 2017. Savoy property taxpayers paid $1.65 million for 26 full-time employees and 19 part-time employees.

In 2001, the village had 13 full-time employees and six part-time employees, and spent $711,900.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2017
8,607
$13,261,750
$1,652,195
12.5
45
$36,715
2016
8,133
$12,418,157
$1,683,335
13.6
60
$28,056
2015
7,280
$13,137,652
$1,625,565
12.4
34
$47,811
2014
7,280
$15,090,799
$1,539,681
10.2
34
$45,285
2013
7,280
$13,121,126
$1,433,455
10.9
34
$42,160
2012
7,280
$11,871,235
$1,405,901
11.8
34
$41,350
2011
7,280
$13,077,028
$1,431,125
10.9
34
$42,092
2010
7,112
$13,759,808
$1,456,695
10.6
34
$42,844
2009
7,112
$10,781,516
$1,405,103
13
34
$41,327
2008
6,249
$8,689,309
$1,430,689
16.5
27
$52,988
2007
6,249
$10,903,140
$1,404,928
12.9
27
$52,034
2006
6,249
$12,641,648
$1,359,754
10.8
27
$50,361
2005
6,249
$11,389,170
$996,930
8.8
21
$47,473
2004
6,249
$11,987,238
$1,007,906
8.4
21
$47,996
2003
6,249
$3,975,661
$859,697
21.6
21
$40,938
2002
4,095
$6,183,955
$806,040
13
21
$38,383
2001
4,095
$4,926,946
$711,900
14.4
19
$37,468

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

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