Public Safety Trust Fund (PSTF)
The Public Safety Trust Fund supports the Police and Fire departments as approved by voters.
Promised & Delivered Since 2004
The permanent half (1/8%) of the Fire Sales Tax receipts contributes to Public Safety salaries. The other half (1/8%) renewed in 2014 and will continue through 2035 is for public safety expenditures, such as employee protective equipment, computer equipment, vehicles, and facilities improvements.
Facilities & Vehicles – As promised in the 2014 renewal, the following facilities & vehicle projects were purchased through the Public Safety Trust Fund II. To provide our Public Safety departments with the necessary capital to fund these projects, the City borrowed $16,365,000 through a bond issuance. The bond proceeds, along with funding from other sources, made these projects possible.
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The bond debt service is an annual expenditure of the Public Safety Trust Fund II.
Details: