In all, Mendota contributed $470,910 to the fund, which saw a $37,003 increase in revenue over 2017. Members contributed $94,328, or 16.7 percent, in 2018. Another $1 came from other unspecified sources.
Mendota Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $342,460 | $388,681 | $387,396 | $439,658 | $470,910 | 37.5% |
Pension members | $89,438 | $87,442 | $89,690 | $88,578 | $94,328 | 5.5% |
Other Revenue | $276 | $208 | $0 | $0 | $1 | -99.6% |
Total | $432,174 | $476,331 | $477,086 | $528,236 | $565,239 | 30.8% |