In all, Elgin contributed $5,824,657 to the fund, which saw a $873,312 decrease in revenue over 2015. Members contributed $1,331,992, or 18.5 percent, in 2016. Another $27,199 came from other unspecified sources.
Elgin Firefighters Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $3,912,103 | $3,820,137 | $3,690,051 | $6,875,630 | $5,824,657 | 48.9% |
Pension members | $1,092,311 | $1,153,428 | $1,146,223 | $1,197,974 | $1,331,992 | 21.9% |
Other Revenue | $1,068 | -$14,232 | $12,852 | -$16,444 | $27,199 | 2446.7% |
Total | $5,005,482 | $4,959,333 | $4,849,126 | $8,057,160 | $7,183,848 | 43.5% |