•Efficiencies Gained
–Implementation of Verified Response for both residential
and commercial has been
estimated to result in the equivalent gain of approximately 41 police officers
($3,485,000) plus an additional 4 FTEs in the Alarm Unit ($340,000) by no longer requiring these officers to respond to false
alarms
•
•Financial Impact
–Projected Revenue from Permit Fees (Commercial only) $1,482,400
–Projected Revenue from False Alarm Fines $806,800
•
–Total Projected Annual Revenue $2,289,200
•
–FY05-06 Budget $4,706,383
•
–Option 1 would result in an annual estimated net revenue loss of $2,417,183 ($1,515,343
in FY05-06)
–