In all, Elgin contributed $8,604,338 to the fund, which saw a $209,298 decrease in revenue over 2017. Members contributed $1,936,667, or 18.3 percent, in 2018. Another $52,718 came from other unspecified sources.
Elgin Police Pension Fund revenue over 5 years
| 2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
|---|---|---|---|---|---|---|
| Municipality | $10,498,071 | $8,937,888 | $7,991,936 | $8,812,140 | $8,604,338 | -18% |
| Pension members | $2,111,231 | $1,950,540 | $1,815,304 | $1,960,184 | $1,936,667 | -8.3% |
| Other Revenue | -$1,461 | $14,325 | -$8,991 | $30,697 | $52,718 | 3708.4% |
| Total | $12,607,841 | $10,902,753 | $9,798,249 | $10,803,021 | $10,593,723 | -16% |
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