In all, Mt Vernon contributed $656,264 to the fund, which saw a $293,699 decrease in revenue over 2017. Members contributed $259,049, or 28.3 percent, in 2018. Another $1,064 came from other unspecified sources.
Mount Vernon Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $764,596 | $656,824 | $872,624 | $935,025 | $656,264 | -14.2% |
Pension members | $246,084 | $238,312 | $259,417 | $274,341 | $259,049 | 5.3% |
Other Revenue | $237 | $172 | $132 | $710 | $1,064 | 348.9% |
Total | $1,010,917 | $895,308 | $1,132,173 | $1,210,076 | $916,377 | -9.4% |