The Economic Benefit Of Hiring More Police Officers

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Pretty interesting way to look at things.

Hiring officers could save Austin money, police official saysLatest local news »

Patrick George AUSTIN-AMERICAN-STATESMAN STAFF

Published: 8:52 p.m. Saturday, Aug. 20, 2011

Although a plan to hire 49 new police officers will mean higher bills for Austinites in the coming year, an assistant police chief says the additions could save the city about $14.7 million.

FULL STORY: http://www.statesman.com/news/local/hiring-officers-could-save-austin-money-police-official-1768467.html

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And, come to think of it...the fire service can use the same excuse! (Except they did- the Fire Patrol and they shut that down)

[Bnechis 3,961]

And, come to think of it...the fire service can use the same excuse! (Except they did- the Fire Patrol and they shut that down)

Actually there is a more direct financial corrilation in the fire service. While the APD example thinks their will be a reduction in crime adding on the fire side has a direct impact on the ISO rating. If you do your math on it, you can calculate the rating change (which once you hire, you can call ISO and get re-rated) and the property owners can get a reduction in their premiums. Often the savings are at 10 to 1 ratio over the costs to the FD.

And your Fire Patrol example iis not a valid one since they were insurance company funded and only covered a small portion of the insured properties in the city. While a wonderful resource, i suspect the insurance industry felt that the cost were not offsetting the savings (particularly if commercial clean up companies are readily available).