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t <br /> Contract Cities shall notify headquarters, or radio dispatch for services requested either in <br /> person or by some other means of communication. Services shall be furnished to the <br /> Contract Cities 24 hours per day, 7 days per week. <br /> 16. Cost-Sharing Formula. In consideration of furnishing Law Enforcement Services under <br /> this agreement, the Contract Cities shall pay a pro-rated share of the Orono Police Budget <br /> (net of town aid) determined by a three-factor cost-sharing formula for each contract <br /> year. The three factors of the formula, and the weight to be given to each, are defined as <br /> follows: <br /> A. Population of Each Contract Cit� The population of each Contract City and <br /> Orono shall be computed as of August 1 of the year prior to each Contract Year <br /> from the then most recent Metropolitan Council estimate. Provided, however, <br /> that in a census year when there is a new census figure available by August 1 s` of <br /> the year prior to the Contract Year, the new census figure shall be used. <br /> B. Market Value. The Estimated Market Value of each parcel of real property within <br /> the Contract City and Orono as carried on the books of the Hennepin County <br /> Assessor on August 1 of the year immediately preceding the Contract Year shall <br /> be calculated and totaled for all parcels of real property within each Contract City <br /> and Orono. <br /> C. Calls for Service. A call for service is an event requiring a response, intervention <br /> or investigation by Orono whether generated by a request from a citizen, law <br /> enforcement agency, or other person, or on the initiative of a police officer or a <br /> policy of the Orono Police Department. Calls for service for each Contract City <br /> and Orono shall be calculated by totaling the calls for service during the 12-month <br /> period next preceding August 1 of the current Contract Year. <br /> D. Weight of Factors. The weight to be allocated to each of the three factors is as <br /> follows: <br /> Factor 2010 2011 2012 <br /> Population 45% 40% 37.5% <br /> Estimated Market Value 10% 20% 25% <br /> Calls for Service 45% 40% 37.5% <br /> 17. Three-Year Budget Projection. On or about August 15 of each year, Orono will <br /> provide the Three-Year Budget Projection for the next three Contract Years, along with a <br /> budget report showing the major categories of expenditures, and explain the key elements <br /> of the budget for the next Contract Year. <br /> Page 6 <br />