In all, Itasca contributed $704,812 to the fund, which saw a $30,652 increase in revenue over 2015. Members contributed $219,287, or 23.7 percent, in 2016. Another $1 came from other unspecified sources.
Itasca Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $596,937 | $545,817 | $578,545 | $677,725 | $704,812 | 18.1% |
Pension members | $194,475 | $204,928 | $199,030 | $215,723 | $219,287 | 12.8% |
Other Revenue | $0 | $0 | $0 | $0 | $1 | - |
Total | $791,412 | $750,745 | $777,575 | $893,448 | $924,100 | 16.8% |