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Over $26.86 Million in Savings

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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    The world of cryptocurrency is rapidly evolving, with new platforms emerging to offer innovative financial solutions. Swell Network stands out as a pioneering force in decentralized finance (DeFi), providing users with unique opportunities to engage with the financial future.
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    What is Swell Network?
    Swell Network is a blockchain-powered platform that aims to disrupt traditional financial systems. It offers a wide range of DeFi services designed to enhance user autonomy and financial inclusivity. By leveraging blockchain technology, Swell Network ensures secure, transparent, and efficient financial transactions.

    Key Features of Swell Network
    Decentralization: Operates on a decentralized framework, reducing reliance on traditional financial institutions.
    Security: Utilizes cutting-edge security protocols to protect user assets and data.
    Transparency: All transactions are recorded on the blockchain, ensuring complete visibility and traceability.
    Accessibility: Open to anyone with internet access, promoting global financial inclusivity.
    Benefits of Using Swell Network
    Adopting Swell Network for your financial activities comes with several benefits:

    Reduced Fees: Experience lower transaction fees compared to conventional banking systems.
    Greater Control: Manage your funds in real-time without intermediaries.
    Innovative Opportunities: Participate in a variety of financial ventures such as liquidity pools and yield farming.
    Getting Started with Swell Network
    If you’re ready to join the DeFi revolution, getting started with Swell Network is straightforward. First, create your account on the platform, then explore different financial instruments that meet your needs. Swell Network offers comprehensive support and resources to guide new users through the onboarding process.

    Stay Informed
    In the ever-evolving crypto landscape, staying informed is crucial. Swell Network regularly updates its community with the latest developments and feature releases. Follow their official communication channels such as blogs, newsletters, and social media to stay up-to-date.

    Embrace the future of finance today with Swell Network and explore the endless possibilities of decentralized finance. to learn more and start your journey.

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    Understanding Venus Protocol: Your Gateway to DeFi
    Venus Protocol has carved a niche in the fast-paced DeFi landscape by offering a one-stop solution for decentralized finance activities. Whether you’re interested in lending, borrowing, or yield farming, Venus provides secure and scalable services on the blockchain.
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    Why Choose Venus Protocol?
    The Venus Protocol stands out because:

    It operates on the Binance Smart Chain, ensuring fast and cost-effective transactions.
    It offers a decentralized lending platform that allows users to earn interest by supplying assets.
    The protocol enables borrowing against crypto collateral without the need for a trusted counterparty.
    It supports a wide range of crypto assets, providing higher liquidity and flexibility.
    Key Features of Venus Protocol
    Lending and Borrowing
    Venus Protocol facilitates decentralized lending and borrowing with minimal fees, supported by a robust risk management framework. Users can seamlessly supply assets to the protocol and earn interest, or borrow by simply collateralizing their holdings.

    Automated Yield Farming
    Maximize your returns with Venus Protocol’s yield farming opportunities. By leveraging your assets, you can participate in governance and earn rewards in the form of XVS, Venus Protocol’s native token.

    Multi-Asset Support
    The platform supports numerous cryptocurrencies, enabling diverse investment strategies and providing a convenient way to gain returns on multiple asset classes.

    Getting Started with Venus Protocol
    Start your DeFi journey with Venus Protocol by following these steps:

    Create a Wallet: Use a compatible wallet like Metamask or Trust Wallet to interface with Venus.
    Fund Your Wallet: Transfer crypto assets to your wallet to engage with the Venus Protocol.
    Connect and Start Earning: Connect your wallet to the Venus platform and start supplying or borrowing assets.
    Venus Protocol is your trusted partner in the decentralized financial ecosystem. With its advanced features and strong community support, it simplifies DeFi for everyone from beginners to seasoned users. Embrace the future of finance with confidence and start exploring the possibilities at .

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