In all, Homewood contributed $1,598,078 to the fund, which saw a $128,749 increase in revenue over 2017. Members contributed $375,173, or 19 percent, in 2018. Another $3,478 came from other unspecified sources.
Homewood Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $827,907 | $1,030,272 | $1,075,111 | $1,480,797 | $1,598,078 | 93% |
Pension members | $336,611 | $395,034 | $391,865 | $364,505 | $375,173 | 11.5% |
Other Revenue | $485 | $2,182 | -$4,277 | $2,678 | $3,478 | 617.1% |
Total | $1,165,003 | $1,427,488 | $1,462,699 | $1,847,980 | $1,976,729 | 69.7% |