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East Central Reporter

Wednesday, May 29, 2024

The price of local government in 2017: Lakewood Township

Budget 08

The Lakewood Township budget was $113,174 for its 2017 fiscal year.

That's a decrease of 33 percent from 2016, when the township spent $168,819.

Lakewood Township has a population of 439.

Since 2001, the Lakewood Township budget has fallen by 8.9 percent, from $124,188. The township population has grown 7.3 percent over the same period, from 409.

Salaries accounted for 27.6 percent of township spending in 2017. Lakewood Township property taxpayers paid $31,253 for one full-time employee and eight part-time employees.

In 2001, the township had five part-time employees and spent $41,651, or $8,330 each.

Year
Population
Budget
Salaries
Salary %
# Employees
$$ Per Employee
2017
439
$113,174
$31,253
27.6
9
$3,473
2016
439
$168,819
$19,950
11.8
11
$1,814
2015
439
$602,936
$20,236
3.4
11
$1,840
2014
439
$165,657
$36,248
21.9
11
$3,295
2013
439
$109,922
$31,654
28.8
11
$2,878
2012
409
$110,940
$29,459
26.6
6
$4,910
2011
409
$115,011
$23,869
20.8
6
$3,978
2010
409
$113,357
$29,795
26.3
6
$4,966
2009
409
$112,567
$35,822
31.8
6
$5,970
2008
409
$107,711
$35,806
33.2
11
$3,255
2007
409
$113,778
$24,210
21.3
5
$4,842
2006
409
$116,576
$29,074
24.9
5
$5,815
2005
409
$121,168
$36,884
30.4
5
$7,377
2004
409
$120,273
$32,482
27
5
$6,496
2003
409
$122,068
$33,801
27.7
5
$6,760
2002
409
$128,820
$32,176
25
5
$6,435
2001
409
$124,188
$41,651
33.5
5
$8,330

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

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