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Lake County Gazette

Tuesday, November 19, 2024

The price of local government in 2017: Village of Riverwoods

Budget 12

The Village of Riverwoods budget was $20.50 million for its 2017 fiscal year, or $15,459 per household.

That's a decrease of 16.5 percent from 2016, when the village spent $24.54 million, or $18,507 per household.

Riverwoods has 1,326 households and a population of 3,770.

Since 2001, the Village of Riverwoods budget has fallen by 47.6 percent, from $39.14 million. The village population has fallen 2.1 percent over the same period, from 3,851.

Salaries accounted for 6.6 percent of village spending in 2017. Riverwoods property taxpayers paid $1.36 million for 11 full-time employees and 17 part-time employees.

In 2001, the village had nine full-time employees and 11 part-time employees, and spent $360,089.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2017
3,770
$20,499,162
$1,362,088
6.6
28
$48,646
2016
3,770
$24,540,712
$1,348,340
5.5
24
$56,181
2015
3,770
$16,778,741
$1,333,136
7.9
27
$49,375
2014
3,770
$17,551,237
$1,356,949
7.7
21
$64,617
2013
3,770
$17,660,727
$1,346,675
7.6
26
$51,795
2012
3,660
$16,560,479
$1,317,179
8
25
$52,687
2011
4,000
$17,467,088
$1,371,274
7.9
24
$57,136
2010
3,660
$19,247,532
$1,292,415
6.7
23
$56,192
2009
3,900
$18,584,748
$1,340,517
7.2
23
$58,283
2008
3,900
$17,351,510
$1,261,109
7.3
23
$54,831
2007
4,098
$18,045,142
$1,217,123
6.7
22
$55,324
2005
3,950
$19,577,149
$970,481
5
24
$40,437
2004
3,904
$19,271,013
$1,119,262
5.8
26
$43,049
2003
3,843
$14,655,700
$1,050,206
7.2
21
$50,010
2002
3,843
$48,733,132
$909,446
1.9
21
$43,307
2001
3,851
$39,137,380
$360,089
0.9
20
$18,004

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

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