In all, Cherry Valley contributed $426,743 to the fund, which saw a $4,583 increase in revenue over 2015. Members contributed $92,030, or 17.7 percent, in 2016. Another $655 came from other unspecified sources.
Cherry Valley Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $291,665 | $376,000 | $443,787 | $423,142 | $426,743 | 46.3% |
Pension members | $85,233 | $91,192 | $89,262 | $91,995 | $92,030 | 8% |
Other Revenue | $0 | $10,512 | -$4,974 | -$292 | $655 | - |
Total | $376,898 | $477,704 | $528,075 | $514,845 | $519,428 | 37.8% |