5 MILLION DOLLARS SAVINGS
SEPTEMBER 15, 2009 - MAYOR'S FIRE DISTRICT 1 PRESENTATION CITY OF EDMONDS FIRE DEPARTMENT SLIDE #8 TOTAL COST = 9.6 MILLION DOLLARS SLIDE #9 TOTAL REVENUE = 6 MILLION DOLLARS SLIDE #10 GENERAL FUND SUBSIDY = 3.6 MILLION DOLLARS FIRE DISTRICT 1 CONTRACT SLIDE #11 FIRE DISTRICT CONTRACT 2010 = 6.2 MILLION DOLLARS PLUS NON-DEPARTMENT COSTS $800,000 TOTAL COST = 7 MILLION DOLLARS SLIDE #13 COMPARSION KEEP EDMONDS FIRE DEPARTMENT GENERAL FUND SUBSIDY = 3.6 MILLION DOLLARS CONTRACT WITH FIRE DISTRICT 1 GENERAL FUND SUBSIDY =2.8 MILLION DOLLARS (THIS CONTRACT PROVIDES FOR SAVINGS IN THE GENERAL FUND OF $800,000 THE FIRST YEAR!) SLIDE #14 THE FUTURE IN 2015, FIVE YEARS LATER, THAT NUMBER ESCALATES TO OVER 1 MILLION. AND WILL CONTINUE TO RISE... Where's the 5 million dollars savings - Mayor?