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Lake County Gazette

Friday, April 19, 2024

The price of local government: Village of Lake Barrington

Budget007

The Village of Lake Barrington budget was $3.40 million for its 2015 fiscal year, or $1,473.13 per household.

That's a decrease of 21 percent from 2014, when the village spent $4.31 million, or $1,863.66 per household.

Lake Barrington has 2,310 households and a population of 4,973.

Since 2001, the Village of Lake Barrington budget has fallen by 34.7 percent, from $5.21 million. The village population has grown 10.5 percent over the same period, from 4,500.

Salaries accounted for 11.1 percent of village spending in 2015. Lake Barrington property taxpayers paid $376,170.90 for four full-time employees and eight part-time employees.

In 2001, the village had three full-time employees and spent $169,560.79, or $56,520.26 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
4,973
$3,402,926.04
$376,170.90
11.1
12
$31,347.57
2014
4,973
$4,305,046.71
$357,565.53
8.3
12
$29,797.12
2013
4,973
$3,045,880.24
$349,830
11.5
11
$31,802.72
2012
4,973
$3,087,700.50
$359,045.32
11.6
12
$29,920.44
2011
4,973
$2,838,609.36
$341,649.36
12
14
$24,403.52
2010
4,973
$2,820,393.45
$346,333.32
12.3
14
$24,738.09
2009
4,975
$3,629,741.93
$334,756.85
9.2
14
$23,911.20
2008
5,035
$2,679,388.20
$311,696.94
11.6
14
$22,264.06
2007
5,035
$2,446,691.13
$295,903.53
12.1
12
$24,658.62
2006
5,033
$2,509,426.80
$283,545.60
11.3
14
$20,253.25
2005
5,033
$3,803,700
$333,982.84
8.8
14
$23,855.91
2004
4,800
$4,264,998
$250,164.54
5.9
12
$20,847.04
2003
4,800
$4,845,192
$219,700.80
4.5
5
$43,940.16
2002
4,757
$5,002,425
$194,412.15
3.9
5
$38,882.43
2001
4,500
$5,209,288
$169,560.79
3.3
3
$56,520.26

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

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