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West Cook News

Sunday, December 22, 2024

Analysis: La Grange pays $6.32 for every $1 pensioners contribute to Pleasantview FPD

Budget 09

Taxpayers contributed 86.3 percent of the $2,641,219 the Pleasantview FPD brought in 2018, or $6.32 for every $1 from pension members, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, La Grange contributed $2,280,435 to the fund, which saw a $122,300 increase in revenue over 2017. Members contributed $360,785, or 13.7 percent, in 2018.

Pleasantview FPD revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$1,387,265$1,522,359$984,799$2,161,957$2,280,43564.4%
Pension members$323,607$321,653$176,075$356,962$360,78511.5%
Other Revenue$1,242$4,821$1$0-$-1-100.1%
Total$1,712,114$1,848,833$1,160,875$2,518,919$2,641,21954.3%

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