Fiscal Impact

A fiscal note shows the financial impact of a given legislative action.

Grant application to the U.S. Department of Justice for the 2023 Community Oriented Policing Services (COPS) hiring grant - Fiscal Note

Yes
Police
1300
Yes
November 1, 2023 - September 30, 2026
Estimated $2,400,000
1300
Continue funding 10 newly-hired officers for one year beyond the end of the grant period.
There is no budget impact at this time as this is for the approval for submission of the grant application. Information below is an estimate and will depend on any award and the timing of the award and hiring. The grant covers salary and fringe up to $125,000 over 3 years per newly hired officer with a match to offset the total cost of the officer salary and fringe. The City agrees to retain the additional 10 FTEs for one year after the grant period ends.
BUDGET IMPACT
List of revenues and expenditures related to this request
Request Financing 2024 2025 2026 2027 2028
Revenue Sources
Grant Revenue $417,000 $417,000 $416,000 $0
Total Revenues $417,000 $417,000 $416,000 $0 $0
Expenditures
Payroll & Fringe $1,200,000 $1,200,000 $1,200,000 $1,300,000
Total Expenditures $1,200,000 $1,200,000 $1,200,000 $1,300,000 $0
Net Budgetary Impact (Revenue-Exp.) $-783,000 $-783,000 $-784,000 $-1,300,000 $0
Yes
Personnel Impact
List all FTEs created or eliminated by this request
FTE Details 2024 2025 2026 2027 2028
Change in FTE Count $10
Not Applicable