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East Central Reporter

Friday, October 24, 2025

The price of local government in 2016: Village of Iola

Budget 10

The Village of Iola budget was $172,576 for its 2016 fiscal year, or $6,638 per household.

That's a decrease of 1.9 percent from 2015, when the village spent $175,960, or $6,768 per household.

Iola has 26 households and a population of 141.

Since 2001, the Village of Iola budget has grown by 179.9 percent, from $61,656. The village population has fallen 17.5 percent over the same period, from 171.

Salaries accounted for 7.1 percent of village spending in 2016. Iola property taxpayers paid $12,252 for three part-time employees, or an average of $4,084 each, before their health care benefits and taxpayer-funded pension contributions.

Year
Population
Budget
2016
141
$172,576
2015
171
$175,960
2014
171
$172,780
2012
171
unavailable
2008
161
unavailable
2007
171
unavailable
2006
171
$71,300
2002
171
$65,642
2001
171
$61,656

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

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