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Kankakee Times

Wednesday, April 23, 2025

The price of local government: Village of Loda

Budget 04

The Village of Loda budget was $347,313.06 for its 2015 fiscal year, or $2,117.76 per household.

That's a decrease of 34.9 percent from 2014, when the village spent $533,542.06, or $3,253.31 per household.

Loda has 164 households and a population of 4,010.

Since 2001, the Village of Loda budget has grown by 92.8 percent, from $180,135.82. The village population has grown 928.2 percent over the same period, from 390.

Salaries accounted for 9.1 percent of village spending in 2015. Loda property taxpayers paid $31,752.60 for 17 part-time employees, or an average of $1,867.80 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had 16 part-time employees and spent $35,363.81, or $2,210.24 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2015
4,010
$347,313.06
$31,752.60
9.1
17
$1,867.80
2014
401
$533,542.06
$27,959.35
5.2
17
$1,644.66
2013
407
$547,994.72
$27,580.80
5
17
$1,622.40
2012
407
$556,266.80
$29,459.52
5.3
17
$1,732.91
2011
397
$227,769.84
$28,561.68
12.5
15
$1,904.11
2010
400
$284,293.20
$29,493.81
10.4
15
$1,966.25
2009
400
$466,256.08
$29,247.79
6.3
12
$2,437.31
2008
400
$267,633.72
$28,914.44
10.8
12
$2,409.53
2007
400
$243,193.86
$32,676.93
13.4
12
$2,723.07
2006
400
$325,438.80
$42,115.20
12.9
11
$3,828.65
2005
390
$239,122.84
$40,921.24
17.1
16
$2,557.57
2004
390
$339,446.73
$41,052.96
12.1
16
$2,565.81
2003
390
$360,584.40
$38,793.48
10.8
16
$2,424.59
2002
390
$175,984.65
$40,567.50
23.1
16
$2,535.46
2001
390
$180,135.82
$35,363.81
19.6
16
$2,210.23

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

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