In all, Mundelein contributed $1,305,730 to the fund, which saw a $115,761 increase in revenue over 2015. Members contributed $503,875, or 27.8 percent, in 2016. Another $3,003 came from other unspecified sources.
Mundelein Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $1,314,203 | $1,092,140 | $1,082,398 | $1,247,471 | $1,305,730 | -0.6% |
Pension members | $386,584 | $401,142 | $473,966 | $448,699 | $503,875 | 30.3% |
Other Revenue | $0 | -$227,698 | -$16,493 | $677 | $3,003 | - |
Total | $1,700,787 | $1,265,584 | $1,539,871 | $1,696,847 | $1,812,608 | 6.6% |