In all, Canton contributed $416,195 to the fund, which saw a $274,357 increase in revenue over 2015. Members contributed $324,610, or 43.8 percent, in 2016. Another $48 came from other unspecified sources.
Canton Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $314,144 | $313,095 | $303,310 | $327,589 | $416,195 | 32.5% |
Pension members | $124,045 | $145,281 | $130,391 | $138,907 | $324,610 | 161.7% |
Other Revenue | $0 | $0 | $0 | $0 | $48 | - |
Total | $438,189 | $458,376 | $433,701 | $466,496 | $740,853 | 69.1% |