Common use of Cost of the SRO Program Clause in Contracts

Cost of the SRO Program. A. The cost of the SRO Program shall be paid by the parties as set forth in Exhibit A, which is attached hereto and incorporated herein by this reference. The summary of the costs will be approximately 680 hours of service during the academic calendar year provided by the Police Department to the Cooperative. The cost of those hours will be paid by the Cooperative at the current yearly full time officer rate plus the cost of benefits including PERA. The hourly full time officer rate of pay for 2019 is $35.16 per hour. The hourly full time officer rate of pay for 2020 is $36.39 per hour. The hourly fulltime officer rate with benefits and PERA for 2019 is $54.65. The hourly fulltime officer rate with benefits and PERA for 2020 is $56.05. The hourly rate will be increased yearly to be consistent with the Police Department LELS Local 176 contract.