In all, Palos Heights contributed $1,431,456 to the fund, which saw a $114,301 increase in revenue over 2015. Members contributed $257,628, or 15.3 percent, in 2016.
Palos Heights Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $989,614 | $1,094,667 | $1,332,537 | $1,325,573 | $1,431,456 | 44.6% |
Pension members | $274,775 | $274,865 | $232,255 | $249,211 | $257,628 | -6.2% |
Other Revenue | $0 | $0 | $0 | -$-1 | $0 | - |
Total | $1,264,389 | $1,369,532 | $1,564,792 | $1,574,783 | $1,689,084 | 33.6% |