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Kankakee Times

Wednesday, April 23, 2025

The price of local government in 2016: Village of Loda

Budget 01

The Village of Loda budget was $460,268 for its 2016 fiscal year, or $2,807 per household.

That's an increase of 27.5 percent from 2015, when the village spent $360,933, or $2,201 per household.

Loda has 164 households and a population of 419.

Since 2001, the Village of Loda budget has grown by 146.5 percent, from $186,710. The village population has grown 7.4 percent over the same period, from 390.

Salaries accounted for 7.5 percent of village spending in 2016. Loda property taxpayers paid $34,443 for 17 part-time employees, or an average of $2,026 each, before their health care benefits and taxpayer-funded pension contributions.

In 2001, the village had 16 part-time employees and spent $36,654, or $2,291 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2016
419
$460,268
$34,443
7.5
17
$2,026
2015
4,010
$360,933
$32,998
9.1
17
$1,941
2014
401
$549,082
$28,774
5.2
17
$1,693
2013
407
$569,071
$28,642
5
17
$1,685
2012
407
$572,010
$30,293
5.3
17
$1,782
2011
397
$238,315
$29,884
12.5
15
$1,992
2010
400
$291,977
$30,291
10.4
15
$2,019
2009
400
$482,761
$30,283
6.3
12
$2,524
2008
400
$277,107
$29,938
10.8
12
$2,495
2007
400
$253,587
$34,073
13.4
12
$2,839
2006
400
$338,999
$43,870
12.9
11
$3,988
2005
390
$250,693
$42,901
17.1
16
$2,681
2004
390
$352,604
$42,644
12.1
16
$2,665
2003
390
$371,511
$39,969
10.8
16
$2,498
2002
390
$182,503
$42,070
23.1
16
$2,629
2001
390
$186,710
$36,654
19.6
16
$2,291

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

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