In all, New Lenox contributed $1,208,136 to the fund, which saw a $86,717 increase in revenue over 2017. Members contributed $318,159, or 20.8 percent, in 2018. Another $2,594 came from other unspecified sources.
New Lenox Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $816,376 | $898,871 | $1,036,551 | $1,103,893 | $1,208,136 | 48% |
Pension members | $305,015 | $327,606 | $349,488 | $342,783 | $318,159 | 4.3% |
Other Revenue | -$113 | $6,715 | -$1,667 | -$4,504 | $2,594 | 2395.6% |
Total | $1,121,278 | $1,233,192 | $1,384,372 | $1,442,172 | $1,528,889 | 36.4% |