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Saturday, April 20, 2024

The price of local government in 2016: Village of Bingham

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The Village of Bingham budget was $30,778 for its 2016 fiscal year, or $1,924 per household.

That's a decrease of 0.9 percent from 2015, when the village spent $31,071, or $1,942 per household.

Bingham has 16 households and a population of 84.

Since 2001, the Village of Bingham budget has fallen by 64.8 percent, from $87,330. The village population has fallen 28.2 percent over the same period, from 117.

Salaries accounted for 9.6 percent of village spending in 2016. Bingham property taxpayers paid $2,961 for six part-time employees, or an average of $494 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had one part-time employee and spent $916, or $916 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2016
84
$30,778
$2,961
9.6
6
$494
2015
84
$31,071
$2,957
9.5
6
$493
2014
84
$402,288
$3,021
0.8
6
$504
2013
84
$35,209
$3,175
9
8
$397
2012
84
$45,378
$3,434
7.6
8
$429
2011
84
$75,043
$4,113
5.5
8
$514
2010
120
$47,508
$3,933
8.3
9
$437
2007
120
$46,201
$4,770
10.3
8
$596
2006
120
$50,963
$4,310
8.5
8
$539
2005
117
$85,683
$3,221
3.8
8
$403
2004
117
$88,319
$3,518
4
10
$352
2003
117
$90,148
$1,905
2.1
1
$1,905
2002
117
$115,444
$1,789
1.5
1
$1,789
2001
117
$87,330
$916
1
1
$916

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

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