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Wednesday, May 21, 2025

The price of local government in 2017: Village of Rankin

Budget 05

The Village of Rankin budget was $115,464 for its 2017 fiscal year.

That's an increase of 0.5 percent from 2016, when the village spent $114,870.

Rankin has a population of 219.

Since 2003, the Village of Rankin budget has fallen by 12.4 percent, from $131,784. The village population has fallen 22.6 percent over the same period, from 283.

Salaries accounted for 19.9 percent of village spending in 2017. Rankin property taxpayers paid $22,998 for one full-time employee and eight part-time employees.

In 2003, the village had one full-time employee and two part-time employees, and spent $20,560.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2017
219
$115,464
$22,998
19.9
9
$2,555
2016
219
$114,870
$23,309
20.3
9
$2,590
2015
219
$109,567
$23,570
21.5
9
$2,619
2014
219
$106,901
$23,165
21.7
9
$2,574
2013
219
$101,358
$24,704
24.4
9
$2,745
2012
219
$102,297
$27,906
27.3
9
$3,101
2006
228
$73,591
$20,005
27.2
12
$1,667
2005
231
$111,248
$17,557
15.8
3
$5,852
2004
283
$109,210
$19,189
17.6
3
$6,396
2003
283
$131,784
$20,560
15.6
3
$6,853

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

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