In all, Springfield contributed $9,050,592 to the fund, which saw a $611,870 decrease in revenue over 2015. Members contributed $1,895,118, or 17.3 percent, in 2016. Another $7,757 came from other unspecified sources.
Springfield Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $8,550,262 | $8,344,957 | $8,519,086 | $9,608,968 | $9,050,592 | 5.9% |
Pension members | $1,964,961 | $1,861,870 | $1,851,508 | $1,956,068 | $1,895,118 | -3.6% |
Other Revenue | $75,404 | $4,176 | -$165,705 | $301 | $7,757 | -89.7% |
Total | $10,590,627 | $10,211,003 | $10,204,889 | $11,565,337 | $10,953,467 | 3.4% |