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South Central Reporter

Friday, April 19, 2024

The price of local government in 2017: Village of Hoffman

Budget 10

The Village of Hoffman budget was $1.49 million for its 2017 fiscal year, or $92 per household.

That's an increase of 2.3 percent from 2016, when the village spent $1.45 million, or $90 per household.

Hoffman has 16,220 households and a population of 500.

Since 2001, the Village of Hoffman budget has grown by 60.1 percent, from $927,970. The village population has remained same.

Salaries accounted for 1.7 percent of village spending in 2017. Hoffman property taxpayers paid $24,665 for eight part-time employees, or an average of $3,083 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had 13 part-time employees and spent $28,347, or $2,181 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2017
500
$1,485,685
$24,665
1.7
8
$3,083
2016
500
$1,452,791
$25,409
1.7
8
$3,176
2015
500
$1,349,281
$25,699
1.9
8
$3,212
2014
500
$1,260,423
$22,020
1.7
5
$4,404
2013
500
$1,086,976
$22,136
2
5
$4,427
2012
500
$1,090,420
$21,757
2
5
$4,351
2011
500
$1,178,363
$23,042
2
5
$4,608
2010
500
$1,075,941
$23,460
2.2
5
$4,692
2009
500
$1,402,931
$23,203
1.7
5
$4,641
2008
500
$784,427
$22,943
2.9
5
$4,589
2007
500
$805,749
$27,542
3.4
5
$5,508
2006
500
$863,063
$23,885
2.8
5
$4,777
2005
500
$952,185
$21,826
2.3
5
$4,365
2004
500
$1,021,683
$24,783
2.4
14
$1,770
2003
500
$1,046,452
$22,367
2.1
12
$1,864
2002
500
$959,630
$21,638
2.3
13
$1,664
2001
500
$927,970
$28,347
3.1
13
$2,181

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

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