In all, Sterling contributed $703,470 to the fund, which saw a $65,150 increase in revenue over 2015. Members contributed $173,505, or 19.8 percent, in 2016. Another $1 came from other unspecified sources.
Sterling Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $474,438 | $496,305 | $601,394 | $645,238 | $703,470 | 48.3% |
Pension members | $161,631 | $162,705 | $169,625 | $166,568 | $173,505 | 7.3% |
Other Revenue | $8,115 | $11 | $0 | $20 | $1 | -100% |
Total | $644,184 | $659,021 | $771,019 | $811,826 | $876,976 | 36.1% |