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Finance Committee Agenda and Packet 2015 10 20 SP
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Finance Committee Agenda and Packet 2015 10 20 SP
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3/10/2021 2:34:14 PM
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10/21/2015 1:46:12 PM
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City Council Records
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Boards Commissions Committees Records
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FCPKT 2015 10 20 SP
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SUBJECT: FISCAL MODEL <br />DATE: OCTOBER 20, 2015 <br />PAGE3OF3 <br />Police Office <br />Available <br />Capacity <br />20 yr Police Office Costs <br />20 yr Total Fiscal <br />Benefit <br />1% <br />$10,955,000 (Yrs 1, 10, 20) <br />$52,464,000 <br />10% <br />$10,955,000 (Yrs 1, 10, 20) <br />$52,464,000 <br />50% <br />$10,476,000 (Yrs 3, 10, 20) <br />$52,923,000 <br />90% <br />$9,150,000 (Yrs 9, 10, 20) <br />$54,249,000 <br />The updated model will be available at the meeting for review. Attached are updated <br />summaries of the capital facilities, their costs, and their estimated available capacities in <br />the model, as well as the estimated operational capacities. Facilities costs are based <br />on the City's current insurance valuations. Open space and neighborhood parks <br />have also been added to the model. Staff requests the Committee request any final <br />changes to the model and then vote to recommend approval so it may be presented to <br />the full Council for adoption. <br />ATTACHMENT(S): <br />1. Capital facilities inventory <br />2. Capital facilities available capacity <br />3. Operational available capacity <br />CITY COUNCIL COMMUNICATION <br />
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