In all, Schaumburg contributed $3,557,124 to the fund, which saw a $177,348 increase in revenue over 2017. Members contributed $866,792, or 19.5 percent, in 2018. Another $28,346 came from other unspecified sources.
Hoffman Estates Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $2,698,444 | $2,670,802 | $3,228,471 | $3,407,918 | $3,557,124 | 31.8% |
Pension members | $1,026,505 | $861,841 | $813,215 | $872,669 | $866,792 | -15.6% |
Other Revenue | -$-1 | $3,540 | -$12,507 | -$5,673 | $28,346 | 2834700% |
Total | $3,724,948 | $3,536,183 | $4,029,179 | $4,274,914 | $4,452,262 | 19.5% |