Cost Savings
$26,864,085
FY17-FY19 approx. values
- General Fund – Fund Balance
The fund balance went from $13,434,100 when Sheriff Smith took office to projected $23,752,135 at the end of FY19.
- Health Insurance Cost – New Plan
Starting with FY19, savings of $500,000 per year
- Non-Essential Workforce Cuts
(106 full time positions)
FY18, 5.3 million dollar savings; FY19 estimated 5.45 million dollars savings
- Cutting down on outside-long distance Travel and Training
FY17-FY19, $300,000 savings
- Elimination of Special Pay (Honor Guard, SWAT, HDU, etc.)
Savings of $191,585 per year starting with FY18
- No COLA adjustment in FY18 – 1.25%
Based on FY17 salaries, it would have equal to $338,940
- No STEP increases in FY18 – 1.25%
Based on FY17 salaries, it would have equal to $338,940
Based on FY17 salaries, it would have equal to $338,940
- Equipment under $2500
3 year savings FY17-FY19 $1,435,000 when compared to average spending in this category by previous administration.
- Capital spending
Conscientious spending in the fiscal years FY17-FY19 on capital outlays brought $2.25 million dollars in savings when compared to average spending in this category by previous administration.
- Insurance
Our re-negotiated rates for liability and property insurance are bringing savings of $250,000 per year starting with FY19.
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Trump’s early afternoon announcement followed a harrowing week in which Republican lawmakers and confidants privately warned him that the tariffs could wreck the economy. His own aides had quietly raised alarms about the financial markets before he suspended a tariff regime that he had unveiled with a flourish just one week earlier in a Rose Garden ceremony.
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The stock market rose immediately after the about-face, ending days of losses that have forced older Americans who’ve been sinking their savings into 401(k)s to rethink their retirement plans.
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