The price of local government: Village of Loami
That's a decrease of 3.3 percent from 2014, when the village spent $672,590, or $1,960.90 per household.
Loami has 343 households and a population of 891.
Since 2001, the Village of Loami budget has grown by 18.1 percent, from $550,631.77. The village population has grown 11 percent over the same period, from 803.
Salaries accounted for 29.8 percent of village spending in 2015. Loami property taxpayers paid $193,875.48 for two full-time employees and 10 part-time employees.
In 2001, the village had one full-time employee and 21 part-time employees, and spent $149,483.44.
All values in this story are inflation-adjusted real values.