Quantcast

South Cook News

Friday, November 22, 2024

Analysis: La Grange pays $5.59 for every $1 pensioners contribute to Pleasantview Fpd

Shutterstock 156181805

Taxpayers contributed 84.8 percent of the $1,160,875 the Pleasantview Fpd brought in last year, or $5.59 for every $1 from pension members, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, La Grange contributed $984,799 to the fund, which saw a $687,958 decrease in revenue over 2015. Members contributed $176,075, or 15.2 percent, in 2016. Another $1 came from other unspecified sources.

Pleasantview Fpd revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$819,524$1,267,110$1,387,265$1,522,359$984,79920.2%
Pension members$311,714$312,368$323,607$321,653$176,075-43.5%
Other Revenue$16,327-$18,679$1,242$4,821$1-100%
Total$1,147,565$1,560,799$1,712,114$1,848,833$1,160,8751.2%

MORE NEWS