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Re: drwwicks post# 8939

Sunday, 07/08/2012 1:32:14 PM

Sunday, July 08, 2012 1:32:14 PM

Post# of 45504
OK- so for the month of June over 112,000 was collected from the main kiosk in the jail lobby (this number was given to me from accounting)and i times that by 12 to get 12 months (its just an estimate that 112k comes in for bail every month) that is 1,344,000.00 collected for the year. I believe the Kiosk fee is 7% so i times the number by .07 and get 94k profit. If my figuring is wrong please correct me This is an estimate based of 1 month collections-Some months could be higher or lower. This facility i work at has over 720 inmates and we have a total of 4 kiosk but this one gets used the most. So if this kiosk is making 7,800 profit a month for CPSZ (94k divided by 12)it pays for itself in 2-3 months and the rest is profit from there. This machine has been here well over a year.

It is my opinion here alone-With Orange County and them coming on site-CPSZ will make BIG TIME money and will be in the green with all kiosk paid off within 6 months.