The price of local government: Village of Third Lake
That's an increase of 2.4 percent from 2014, when the village spent $750,046, or $1,712.43 per household.
Third Lake has 438 households and a population of 1,182.
Since 2001, the Village of Third Lake budget has grown by 11.5 percent, from $688,678.45. The village population has fallen 12.8 percent over the same period, from 1,355.
Salaries accounted for 6.3 percent of village spending in 2015. Third Lake property taxpayers paid $48,356.16 for three part-time employees, or an average of $16,118.72 each, before their health care benefits and taxpayer-funded pension contributions.
In 2001, the village had four part-time employees and spent $52,177.82, or $13,044.46 each.
All values in this story are inflation-adjusted real values.
Organizations in this Story
87 N Lake
Third Lake, IL - 60030