ECONOMICS 1

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ECONOMICS 1

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Corrie Kost. FACTS on the Alarm Permitting Program. Bylaw 7555. Bylaw 7555. ECONOMICS 1 ... Corrie Kost. FACTS on the Alarm Permitting Program. Bylaw 7555 ... – PowerPoint PPT presentation

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Title: ECONOMICS 1


1
  • ECONOMICS 1
  • Overall crime rate has been dropping
  • Policing budgets have been increasing far beyond
    cost of living and population growth
  • Those with alarms have ¼ of break-in rate / loss
  • DNV False Alarm rate is half that of Vancouver.
  • Vancouver charges less to register alarms
  • Home Insurance cost savings for having an alarm
    would be cut in my case by 30
  • Alarm discount is only applicable to Property
    Coverages for my own case Discount was 15 of
    421 which saved me 63. The proposed 20
    Registration fee would result in savings
    reduction of 30

2
  • MISC
  • Police do not travel at high rate of speed to
    attend home alarms unless they are for break-ins
    in progress. If they speed they should do so
    safely!
  • There has been very limited public consultation
    even my insurance agent was not aware of the
    proposed alarm permitting program!
  • As shown in the Statistics section there is
    no significant risk or service degradation due to
    current non-billable false alarms.

3
STATISTICS Alarms in 2004 3350 (DNV
only) Alarms Attended in 2004 1929 (DNV
only) False (billable) Alarms in 2004 697 (DNV
only) False Alarms not billed in 2004 1250 (DNV
only) Average non-billed false alarms 1 every 6
hours In my opinion this has a negligible impact
on public safety and is more than compensated for
by reduced crime due to those having home
alarms Note DNV total home alarm rate is 0.23/yr
CNV is 25 higher at 0.29/yr
4
ECONOMICS 2 Current net cost to DNV -
87,185 Net Cost with Permits
396,191 Conclusion Program is a TAX GRAB
Violates Local Government Act requiring cost
recovery only.
5
  • PRIVACY CONCERNS
  • Private information would be divulged to
    District Staff
  • District staff would likely be required to
    undergo security checks, including
    fingerprinting.
  • Alternative Model
  • Use the Prince Albert business based model
  • less overhead / bureaucracy
  • via usual business model - targets only the
    people with false alarms

6
  • Conclusions
  • Current risk and service degradation minimal
  • Program would be unfair to majority not having
    false alarms and who contribute to lowering
    police costs
  • Programs revenue far exceeds expenses ILLEGAL
    TAX GRAB
  • Alternative fairer, less bureaucratic, models
    exist to reduce false alarms and fund minor
    shortfall.
  • Recommend we maintain current program with
    enhanced education by DNV and alarm companies and
    possibly allow only 1 free false alarm every 2
    years.
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