In all, Urbana contributed $1,396,844 to the fund, which saw a $417,295 decrease in revenue over 2015. Members contributed $444,105, or 24.1 percent, in 2016.
Urbana Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $1,980,275 | $2,138,159 | $2,080,616 | $1,841,668 | $1,396,844 | -29.5% |
Pension members | $560,910 | $385,590 | $393,954 | $416,575 | $444,105 | -20.8% |
Other Revenue | $0 | $1 | $0 | $1 | $0 | - |
Total | $2,541,185 | $2,523,750 | $2,474,570 | $2,258,244 | $1,840,949 | -27.6% |