Projected Cost Analysis by CDCPTR

2009: (Muncie to suffer an estimated $3.8 million dollar revenue shortfall, MFD being asked to cut $1 million)
#1 = $7,000.00 (a reduction of one fire house for 6 months from the current MFD inventory)
#2 = $375,000.00 (maybe $483,000.00? Needs explanation/reconciliation)
#3 = $70,000.00 (overtime reductions)
#4 = (maybe $73,000.00? Needs explanation/reconciliation)
#5 = $100,000.00 (short-term personal miscellaneous concessions…no future concessions stipulated)
#6 = $200,000.00 (however $1 million is currently appropriated from the Morrison TIF reserves for new acquisitions)
+$150,000.00 paid by Center Township
-$150,000.00 paid by Muncie to the Buy-Out Loan
2009 total “short-term” savings = $752,000.00 (maybe $933,000.00? Needs explanation/reconciliation)

(OR maybe a net COST to the taxpayers of $48,000.00, if $1 million is spent for a $200,000.00 recovery in equipment!)

2010: (another $3.2 million shortfall of which the MFD might proportionally share approximately $1 million?):
#1 = $14,000.00 (a reduction of one fire house from the current MFD inventory)
#2 = $750,000.00 (10 firefighter reduction)
#3 = $140,000.00 (overtime reductions)
+$300,000.00 paid by Center Township
-$300,000.00 paid by Muncie to the Buy-Out Loan
2010 total annual savings = $904,000.00

2011: (another $1.7 million shortfall…MFD share $340,000.00?):
#1 = $14,000.00 (a reduction of one fire house from the current MFD inventory)
#2 = $750,000.00 (10 firefighter reduction)
#3 = $140,000.00 (overtime reductions)
+$300,000.00 paid by Center Township
-$300,000.00 paid by Muncie to the Buy-Out Loan
2011 total annual savings + revenues = $904,000.00

2012:
#1 = $14,000.00 (a reduction of one fire house from the current MFD inventory)
#2 = $750,000.00 (10 firefighter reduction)
#3 = $140,000.00 (overtime reductions)
+$300,000.00 paid by Center Township
-$42,000.00 paid by Muncie to the Buy-Out Loan
2012 total annual savings + revenues = $1,162,000.00

2013: (and beyond?):
#1 = $14,000.00 (a reduction of one fire house from the current MFD inventory)
#2 = $750,000.00 (10 firefighter reduction)
#3 = $140,000.00 (overtime reductions)
+$400,000.00 in Center Township revenues (assuming the trucks are paid off)
2013 total annual savings + revenues = $1,304,000.00

Now all this is contingent on the fact that everything remains the same….no raises, no bonuses, no increase in insurance costs, the price of fuels remain stable, etc., etc….and we’ve yet to see a plan for a regular consideration for ongoing capital needs such as trucks or equipment.

The real winners of The Plan appear to be the taxpayers of unincorporated areas of Center Township (those areas outside of Muncie). Their current fire related expenses of $925,000.00 per year could be immediately reduced to $400,000.00 per year thereby causing their existing fire related tax levy of .23 to be reduced to .10 with this agreement.


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