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Sunday, November 24, 2024

The price of local government: Village of Latham

Budget 03

The Village of Latham budget was $375,870 for its 2015 fiscal year, or $2,869.24 per household.

That's an increase of 27.4 percent from 2014, when the village spent $295,095, or $2,252.63 per household.

Latham has 131 households and a population of 378.

Since 2001, the Village of Latham budget has grown by 11.9 percent, from $335,787. The village population has fallen one percent over the same period, from 382.

Salaries accounted for 6.5 percent of village spending in 2015. Latham property taxpayers paid $24,474.90 for 15 part-time employees, or an average of $1,631.66 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had four part-time employees and spent $39,162.82, or $9,790.71 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
378
$375,870
$24,474.90
6.5
15
$1,631.66
2014
378
$295,095
$34,313.42
11.6
15
$2,287.56
2013
378
$383,240
$24,920.48
6.5
15
$1,661.36
2012
378
$390,610
$27,896.02
7.1
15
$1,859.73
2011
371
$397,980
$29,141.64
7.3
15
$1,942.77
2010
371
$409,035
$30,428.43
7.4
15
$2,028.56
2009
371
$416,405
$27,912.13
6.7
17
$1,641.89
2008
371
$439,783.57
$26,329
6
16
$1,645.56
2007
371
$353,561.13
$26,020.80
7.4
13
$2,001.59
2006
371
$242,814
$27,514.80
11.3
18
$1,528.59
2005
371
$243,040
$32,485.52
13.4
17
$1,910.91
2004
371
$438,471
$36,966.24
8.4
23
$1,607.22
2003
371
$427,416
$35,674.32
8.3
22
$1,621.56
2002
371
$330,885
$42,106.50
12.7
24
$1,754.43
2001
382
$335,787
$39,162.82
11.7
4
$9,790.70

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

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