In all, Geneseo contributed $412,709 to the fund, which saw a $98,343 increase in revenue over 2017. Members contributed $81,687, or 16.4 percent, in 2018. Another $4,443 came from other unspecified sources.
Geneseo Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $210,000 | $224,268 | $269,577 | $316,737 | $412,709 | 96.5% |
Pension members | $68,697 | $75,739 | $77,718 | $81,935 | $81,687 | 18.9% |
Other Revenue | $0 | $0 | $34,986 | $1,824 | $4,443 | - |
Total | $278,697 | $300,007 | $382,281 | $400,496 | $498,839 | 79% |