That's a decrease of 0.9 percent from 2015, when the village spent $580,096, or $3,353 per household.
Olmsted has 173 households and a population of 318.
Since 2001, the Village of Olmsted budget has grown by 168 percent, from $214,420. The village population has grown 6.4 percent over the same period, from 299.
Salaries accounted for 19.6 percent of village spending in 2016. Olmsted property taxpayers paid $112,783 for two full-time employees and four part-time employees.
In 2001, the village had two full-time employees and three part-time employees, and spent $91,050.
All values in this story are inflation-adjusted real values.