In all, Mendota contributed $387,396 to the fund, which saw a $755 increase in revenue over 2015. Members contributed $89,690, or 18.8 percent, in 2016.
Mendota Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $263,489 | $316,499 | $342,460 | $388,681 | $387,396 | 47% |
Pension members | $85,222 | $86,133 | $89,438 | $87,442 | $89,690 | 5.2% |
Other Revenue | $137 | $286 | $276 | $208 | $0 | -100% |
Total | $348,848 | $402,918 | $432,174 | $476,331 | $477,086 | 36.8% |