In all, Mt Vernon contributed $872,624 to the fund, which saw a $236,865 increase in revenue over 2015. Members contributed $259,417, or 22.9 percent, in 2016. Another $132 came from other unspecified sources.
Mt Vernon Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $719,932 | $681,838 | $764,596 | $656,824 | $872,624 | 21.2% |
Pension members | $229,799 | $236,479 | $246,084 | $238,312 | $259,417 | 12.9% |
Other Revenue | $263 | $253 | $237 | $172 | $132 | -49.8% |
Total | $949,994 | $918,570 | $1,010,917 | $895,308 | $1,132,173 | 19.2% |