In all, Island Lake contributed $249,889 to the fund, which saw a $35,239 decrease in revenue over 2015. Members contributed $131,357, or 34.5 percent, in 2016.
Island Lake Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $178,005 | $216,619 | $229,487 | $244,810 | $249,889 | 40.4% |
Pension members | $80,404 | $114,655 | $97,973 | $171,675 | $131,357 | 63.4% |
Other Revenue | $0 | $754 | $51 | $0 | $0 | - |
Total | $258,409 | $332,028 | $327,511 | $416,485 | $381,246 | 47.5% |