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Galesburg Reporter

Tuesday, April 23, 2024

The price of local government in 2017: Village of Lomax

Budget 04

The Village of Lomax budget was $139,581 for its 2017 fiscal year, or $802 per household.

That's a decrease of 2.9 percent from 2016, when the village spent $143,686, or $826 per household.

Lomax has 174 households and a population of 454.

Since 2001, the Village of Lomax budget has fallen by 5.8 percent, from $148,127. The village population has fallen 4.8 percent over the same period, from 477.

Salaries accounted for six percent of village spending in 2017. Lomax property taxpayers paid $8,446 for nine full-time employees, or an average of $938 each, before their health care benefits and taxpayer-funded pension contributions.

Year
Population
Budget
2017
454
$139,581
2016
454
$143,686
2015
454
$151,848
2014
454
$144,764
2013
454
$147,496
2012
454
$156,147
2011
454
$158,487
2010
477
$159,600
2009
477
$163,800
2008
477
$158,172
2007
477
$115,900
2006
477
$118,750
2005
477
$123,500
2004
477
$105,835
2003
477
$169,362
2002
477
$146,343
2001
477
$148,127

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

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