Illinois Municipal Retirement Fund Summary

Counties are mandated by State law to participate in the Illinois Municipal Retirement Fund (IMRF).  For the purpose of providing revenue from which the County is to pay its contributions required for the IMRF, the County Board levies a tax upon all taxable property in the County, at a percent which shall not exceed the amount required to produce a sum sufficient to provide all the county contributions required for this fund.

For More Information, Contact:

Office of the Knox County Treasurer

Hon. Robin E. Davis, County Treasurer

200 S. Cherry St.

Galesburg, IL 61401

(309) 345-3863

(309) 343-7002 fax

rdavis@knoxtreasurer.org

Projected beginning fund balance for 2003-2004	$ 900,000.00
Projected Revenue (+)	1,520,000.00
Projected Expenses (–)	1,685,000.00
Projected Ending Fund Balance	735,000.00