In all, Pontiac contributed $401,220 to the fund, which saw a $12,579 decrease in revenue over 2017. Members contributed $106,879, or 21 percent, in 2018. Another $1 came from other unspecified sources.
Pontiac Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $311,311 | $309,897 | $308,389 | $413,087 | $401,220 | 28.9% |
Pension members | $115,345 | $111,343 | $107,747 | $107,592 | $106,879 | -7.3% |
Other Revenue | -$843,259 | $0 | $685 | $0 | $1 | 100% |
Total | -$416,603 | $421,240 | $416,821 | $520,679 | $508,100 | 222% |