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F•I'a Op <br /> t.� U.S. DEPARTMENT OF JUSTICE COPS <br /> OFFICE OF COMMUNITY ORIENTED POLICING SERVICES <br /> 145 N Street.NE,Washington,D.C.20530 <br /> * <br /> Financial Clearance Memorandum <br /> COPS Office COPS Hiring Program Program <br /> (CHP) <br /> To:Chief Dan Templeman and Mayor Cassie Franklin <br /> Re:Financial Clearance Memorandum <br /> A financial analysis of budgeted costs has been completed. Costs under this award appear reasonable, <br /> allowable,and consistent with existing guidelines.Exceptions/Adjustments are noted below. <br /> Total officer positions awarded: 16 <br /> Approved costs per entry-level officer, per year <br /> Year 1 Year 2 Year 3 <br /> Base salary $78,276.00 $89,148.00 $109,893.00 <br /> Benefits $31,653.00 $33,460.00 $35,955.00 <br /> Social Security $0.00 $0.00 $0.00 <br /> Medicare $1,111.00 $1,256.00 $1,571.00 <br /> Health insurance $23,339.00 $24,273.00 $25,244.00 <br /> Life insurance $0.00 $0.00 $0.00 <br /> Vacation $0.00 $0.00 $0.00 <br /> Sick leave $0.00 $0.00 $0.00 <br /> Retirement $4,559.00 $4,734.00 $5,818.00 <br /> Worker's compensation $79.00 $119.00 $124.00 <br /> Unemployment insurance $0.00 $0.00 $0.00 <br /> Other costs: 401K Plan $2,565.00 $3,078.00 $3,198.00 <br /> Approved total project costs <br /> ADVANCING PUBLIC SAFETY THROUGH COMMUNITY POLICING <br />