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Automated Enforcement Program Financials
The graph below is a Feb. 21, 2003 update of a graph the editor of this site prepared and presented at an October 2002 Culver City Council meeting. It shows:
(a) that in the first full fiscal year (00-01) of operation the City almost doubled its money - the profit margin for the automated enforcement program was 49%;
(b) in the next (and most recent) full fiscal year (01-02), revenue flattened out, actually dropping somewhat, expenditure ran 42% higher than the amount budgeted, and the profit margin dropped to 17%;
(c) and (New 3-15-03) that if the program's performance (revenue 25% below the budgeted rate) during the first eight months of the current fiscal year (02-03) continues for the remainder of the year, the profit flowing from the program to the City's General Fund will be 57% less than the City expects. See the graph, below.
The following table contains the figures, assembled by the editor of this website, from which the graph above was constructed.