In all, Galesburg contributed $1,956,983 to the fund, which saw a $445,829 decrease in revenue over 2015. Members contributed $326,120, or 14.3 percent, in 2016.
Galesburg Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $937,749 | $1,396,761 | $1,432,332 | $2,264,616 | $1,956,983 | 108.7% |
Pension members | $296,916 | $318,085 | $314,238 | $464,316 | $326,120 | 9.8% |
Other Revenue | $0 | $0 | $0 | $0 | $0 | - |
Total | $1,234,665 | $1,714,846 | $1,746,570 | $2,728,932 | $2,283,103 | 84.9% |