In all, Palos Heights contributed $1,791,557 to the fund, which saw a $190,558 increase in revenue over 2017. Members contributed $268,587, or 13.1 percent, in 2018.
Palos Heights Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $1,332,537 | $1,325,573 | $1,431,456 | $1,533,870 | $1,791,557 | 34.4% |
Pension members | $232,255 | $249,211 | $257,628 | $331,572 | $268,587 | 15.6% |
Other Revenue | $0 | -$-1 | $0 | $0 | -$4,144 | - |
Total | $1,564,792 | $1,574,783 | $1,689,084 | $1,865,442 | $2,056,000 | 31.4% |