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10/18/2024 <br />10 <br />FINANCIAL PLAN <br />CONTRACT PRICE METHODOLOGY <br />Determined by allocating costs based on a 50/50 blend of population percentage and <br />call volume percentage, applied to total police costs. Numbers are rounded for clarity. <br />POPULATIONS <br />(2020 US CENSUS) <br />TOTAL SAV FH LD <br />17,000 9,300 5,400 2,300 <br />55% 32% 13% <br />CALLS FOR SERVICE <br />YEARLY AVG ON SAV PRACTICE <br />TOTAL SAV FH LD <br />12,600 7,900 2,800 2,100 <br />62% 22% 16% <br />BLENDED COMBINED COSTS <br />50% SAV FH LD <br />POP 55% 32% 14% <br />CALLS 62% 22% 16% <br />BLENDED 58% 27% 15% <br />FINANCIAL PLAN <br />APPROXIMATE FULL SERVICES CONTRACT PRICE <br />This is updated from the previous estimate based on 2025 budgeted costs that include <br />the upward pressure on wages for sworn officers. Numbers are rounded for clarity, assume full <br />staffing on January 1, 2026 and accelerated by a 4% inflation assumption for 2026: <br />This approach would take effect when full staffing is achieved, and full services can be delivered. <br />*All or a portion of can be dedicated to funding facility renovations/expansions. <br />Additional personnel, operating and equipment costs $1,615,500 <br />Shared Fixed costs and capital contribution* $263,700 <br />Approximate contract price in 2026 (full services) $1,879,200