That's a decrease of 16.1 percent from 2016, when the village spent $766,028, or $2,233 per household.
Loami has 343 households and a population of 891.
Since 2001, the Village of Loami budget has grown by 12.6 percent, from $570,728. The village population has grown 11 percent over the same period, from 803.
Salaries accounted for 30.2 percent of village spending in 2017. Loami property taxpayers paid $193,880 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 $154,939.
Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2017
891
$642,447
$193,880
30.2
12
$16,157
2016
891
$766,028
$199,389
26
12
$16,616
2015
891
$675,984
$201,478
29.8
12
$16,790
2014
890
$692,180
$211,446
30.5
12
$17,620
2013
885
$644,936
$187,391
29.1
12
$15,616
2012
885
$925,441
$189,711
20.5
12
$15,809
2011
884
$977,450
$183,024
18.7
12
$15,252
2010
810
$676,648
$190,118
28.1
21
$9,053
2009
810
$772,150
$182,191
23.6
21
$8,676
2008
804
$581,933
$169,965
29.2
21
$8,094
2007
804
$703,789
$182,683
26
22
$8,304
2006
727
$619,301
$175,055
28.3
12
$14,588
2005
727
$936,419
$194,052
20.7
13
$14,927
2004
727
$253,115
$179,903
71.1
13
$13,839
2003
727
$469,491
$191,352
40.8
13
$14,719
2002
803
$266,385
$189,981
71.3
22
$8,636
2001
803
$570,728
$154,939
27.1
22
$7,043
All values in this story are inflation-adjusted real values.