FIREFLY ADMIN INC.
  • HOME
  • SERVICES
  • ABOUT
    • LOSAP
    • CORE PRINCIPLES
  • BLOG
  • CONNECT
    • CONTACT US
    • SECURE FILE UPLOAD
  • ShareFile

Daily Douse

Fire District LOSAP Expenditures

4/1/2019

0 Comments

 
There is a lot of very good information available from the State of New York regarding government spending. Financial data for each type of government is available for download and review. 

The LOSAP expenditure falls under the group heading of Employee Benefits. The specific category is labeled LOSAP/Miscellaneous, and I am unsure what type of expense falls under Miscellaneous. The data for towns is suspect, as many towns that I know sponsor a LOSAP are not reporting a LOSAP expense. This is likely because they group that expense into Fire Protection, so it is not being separately identified. Villages and cities appear to have well populated data, but I also haven't spent a lot of time analyzing it. But villages have many expenses other than fire protection, and I'd have to really dig into the numbers to try and isolate how the LOSAP expenditure compares to the overall cost of fire protection. 

So to start I'm going to focus on fire districts, since they only provide fire protection. 

There are 397 fire districts that report a LOSAP/Miscellaneous expense. As a percentage of total expenditures, the average is about 11% of total expenditures. The median is about 10%. As a percentage of revenue, the average LOSAP expense is about 10.5%, with the median still around 10%. 

So on average, a fire district is spending about 10% to 11% of the total budget on LOSAP. More digging will have to be done to try and get more detailed with these numbers, as we'll need to pull together information from various sources. It would be interesting to see additional breakout of DB vs DC plans, and perhaps by county.
0 Comments



Leave a Reply.

    Archives

    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019

    Categories

    All
    Budgets & Costs
    COVID-19
    GASB & Accounting
    General
    LOSAP Point System
    Random

Picture
  • HOME
  • SERVICES
  • ABOUT
    • LOSAP
    • CORE PRINCIPLES
  • BLOG
  • CONNECT
    • CONTACT US
    • SECURE FILE UPLOAD
  • ShareFile