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<br />Remote-35lNS
<br />
<br />rOj268
<br />
<br />Hall County Jail Grand Island, Nebraska
<br />
<br />Facility Analysis Out of Downtown Jail with 35 INS
<br />
<br />Prepared by: Durrant - Foresite Capital
<br />
<br />Facility size
<br />
<br />259 beds Incl. Medical and Seg.
<br />238 secure beds
<br />60 secure expansion beds
<br />
<br />Cost to Finance
<br />
<br />$18,000,000.00
<br />
<br />Contract Rate USM
<br />
<br />$
<br />
<br />50.00 per day
<br />
<br />Staff size
<br />
<br />63 persons
<br />
<br />Average Labor rate
<br />
<br />$ 40,000.00 per year
<br />
<br />Other costs
<br />
<br />$ 15.00 per bed per day
<br />
<br />Lease term
<br />
<br />30 years
<br />
<br />Rate
<br />
<br />5.75%
<br />
<br />Year 2004 2005 2006 2007 2008
<br />Hall Co beds 177 182 187 192 197
<br />INS beds 35 35 35 35 35
<br />Total used 212 217 222 227 232
<br />Excess beds 26 21 16 11 6
<br />Revenue $ 638,750.00 $ 638,750.00 $ 638,750.00 $ 638,750.00 $ 638,750.00
<br />Expense:
<br /> Labor $ 2,520,000.00 $ 2,520,000.00 $ 2,520,000.00 $ 2,520,000.00 $ 2,520.000.00
<br /> Other $ 1,418,025.00 $ 1,418,025.00 $ 1,418,025.00 $ 1,418.025.00 $ 1,418,025.00
<br /> Lease $1,252,207.00 $1,252,207.00 $1,252,207.00 $1,252,207.00 $1,252,207.00
<br /> Total $ 5,190,232.00 $ 5,190,232.00 $ 5,190,232.00 $ 5,190,232.00 $ 5,190,232.00
<br />
<br />Cost to County
<br />
<br />$ (4,551,482.00) $ (4,551,482.00) $ (4,551,482.00) $ (4,551,482.00) $ (4,551,482.00)
<br />
<br />Option: Leasing Beds full with Double Bunking Completed
<br />
<br />Beds for Lease 121 116 111 106 101
<br />Revenue $ 2,208,250.00 $ 2,117,000.00 $ 2,025,750.00 $ 1,934,500.00 $ 1,843,250.00
<br />Cost to Count $ 3,346,982.00
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