In all, Algonquin contributed $1,240,000 to the fund, which saw a $99,350 increase in revenue over 2015. Members contributed $450,578, or 26.5 percent, in 2016. Another $7,302 came from other unspecified sources.
Algonquin Police Pension Fund revenue over 5 years
| 2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
|---|---|---|---|---|---|---|
| Municipality | $937,750 | $978,923 | $1,025,000 | $1,179,000 | $1,240,000 | 32.2% |
| Pension members | $479,734 | $419,322 | $413,584 | $415,618 | $450,578 | -6.1% |
| Other Revenue | $0 | -$9,850 | -$7,305 | $3,912 | $7,302 | - |
| Total | $1,417,484 | $1,388,395 | $1,431,279 | $1,598,530 | $1,697,880 | 19.8% |
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