That's a decrease of 0.9 percent from 2015, when the village spent $285,206, or $2,357 per household.
Panama has 121 households and a population of 343.
Since 2001, the Village of Panama budget has grown by 18.2 percent, from $239,014. The village population has grown 0.9 percent over the same period, from 340.
Salaries accounted for 4.1 percent of village spending in 2016. Panama property taxpayers paid $11,676 for 12 part-time employees, or an average of $973 each, before their health care benefits and taxpayer-funded pension contributions.
In 2001, the village had 15 part-time employees and spent $41,203, or $2,747 each.
Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2016
343
$282,515
$11,676
4.1
12
$973
2015
343
$285,206
$10,367
3.6
12
$864
2014
343
$253,367
$9,836
3.9
12
$820
2013
343
$253,923
$10,654
4.2
13
$820
2012
343
$257,909
$16,645
6.5
12
$1,387
2011
343
$222,316
$21,934
9.9
12
$1,828
2010
340
$224,284
$17,061
7.6
12
$1,422
2009
340
$230,186
$24,029
10.4
12
$2,002
2008
340
$241,827
$23,513
9.7
12
$1,959
2007
340
$237,583
$22,646
9.5
14
$1,618
2006
340
$243,425
$30,641
12.6
14
$2,189
2005
340
$280,462
$33,881
12.1
17
$1,993
2004
340
$247,150
$33,249
13.5
14
$2,375
2003
340
$250,838
$27,101
10.8
14
$1,936
2002
340
$235,116
$27,560
11.7
14
$1,969
2001
340
$239,014
$41,203
17.2
15
$2,747
All values in this story are inflation-adjusted real values.
Alerts Sign-up