Initial start-up costs to purchase equipment and build and renovate stations is estimated to be about $68 million. Because the Town is in a sound financial position, a portion will be paid for out of the Town’s reserves (or “savings account”), and a portion will be financed. Once the JFRD is up and running, ongoing operations will be funded with a blend of ad valorem (property) and non-ad valorem tax dollars. Even when the start-up costs and required debt are considered, it is estimated that the JFRD’s annual operating budget (starting in FY 2026) will be around $24 million. Over its first 5 years of operation, that budget is expected to increase by about $1 million per year in order to keep up with rising costs of personnel, equipment, and general operating. This is in line with the rate of increase the Town is experiencing in its other public safety operations.