In all, Barrington contributed $943,809 to the fund, which saw a $119,940 increase in revenue over 2015. Members contributed $195,233, or 17.2 percent, in 2016.
Barrington Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $582,977 | $651,331 | $720,206 | $800,000 | $943,809 | 61.9% |
Pension members | $191,913 | $192,280 | $195,374 | $209,607 | $195,233 | 1.7% |
Other Revenue | -$3,889 | -$14,070 | -$4,515 | $4,828 | -$4,667 | -20% |
Total | $771,001 | $829,541 | $911,065 | $1,014,435 | $1,134,375 | 47.1% |