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Lake County Gazette

Thursday, April 18, 2024

The price of local government: Village of Island Lake

Budget007

The Village of Island Lake budget was $10.33 million for its 2015 fiscal year, or $9,838.17 per household.

That's an increase of 0.7 percent from 2014, when the village spent $10.25 million, or $9,765.48 per household.

Island Lake has 1,050 households and a population of 8,080.

Since 2001, the Village of Island Lake budget has fallen by 43.4 percent, from $18.25 million. The village population has fallen 0.9 percent over the same period, from 8,150.

Salaries accounted for 22.1 percent of village spending in 2015. Island Lake property taxpayers paid $2.28 million for 35 full-time employees and 28 part-time employees.

In 2001, the village had 35 full-time employees and 35 part-time employees, and spent $2.41 million.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
8,080
$10,330,074.48
$2,279,207.34
22.1
63
$36,177.89
2014
8,080
$10,253,753
$2,628,911.23
25.6
63
$41,728.74
2013
8,080
$10,570,196
$2,662,216.96
25.2
61
$43,642.90
2012
8,080
$6,750,356.66
$2,706,822.36
40.1
61
$44,374.13
2011
8,153
$7,178,556.96
$3,373,308.72
47
66
$51,110.73
2010
8,153
$7,530,937.08
$3,014,703.39
40
67
$44,995.57
2009
8,153
$9,345,606.24
$3,090,378.24
33.1
74
$41,761.86
2008
8,153
$6,290,982.33
$3,066,891.19
48.8
68
$45,101.34
2007
8,153
$7,142,532.93
$2,771,404.74
38.8
73
$37,964.44
2006
8,153
$6,848,443.20
$2,715,145.20
39.6
72
$37,710.35
2005
8,153
$6,770,342.96
$2,669,979.16
39.4
77
$34,675.05
2004
8,153
$6,287,527.08
$2,526,031.56
40.2
77
$32,805.60
2003
8,153
$6,508,527.96
$2,500,509
38.4
77
$32,474.14
2002
8,153
$8,966,808
$2,525,338.35
28.2
71
$35,568.14
2001
8,150
$18,248,126
$2,410,490.34
13.2
70
$34,435.57

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

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