Laserfiche WebLink
<br />24 <br /> <br /> <br />1. Meter Revenue is deposited into the Parking System Equipment (Single or Multi-space meter) by a <br />patron. <br />2. The Revenue (Coin, Bill and/or Card) enters a “closed loop” sealed collection process. <br />3. The Revenue is collected at the source. <br />4. The Revenue is delivered to a facility where it is counted. <br />5. If the Counting Facility is not a bank, the revenue is typically delivered directly to a <br />designated secure storage and/or coin counting location. <br /> <br />Recognizing Vulnerable Points within the System <br />The facts are that there are many points of vulnerability throughout the collections and delivery process and <br />Consultant is keenly aware that all of them must be monitored and tested on a frequent basis to ensure <br />revenue security. For example, some erroneous assumptions in the parking industry that may lead to <br />revenue loss are: <br /> <br /> Maintenance mechanics do not have keys to the vault area and the vault is secure. <br /> <br />Issue: Maintenance mechanics can use a variety of methods to intercept and prevent coins from ever <br />dropping into the vault area. Using these methods, a maintenance mechanic can set up dozens of <br />meters that will each yield him several dollars or more per day, which can then remove at his leisure. <br /> <br /> The revenue is transported in a locked collection box which the employee cannot open. <br /> <br />Issue: Depending on the type of collection transport box used in the system, it has been defeated by <br />sophisticated means such as “key bumping” (lock picking) or by several low - tech approaches such as <br />hinge manipulation and simply turning the box up-side down and shaking the coins out. <br /> <br /> The revenue is counted and transported to the bank by secure armed courier. <br /> <br />Issue: If the counting room is not itself secured and restricted, or if the client depends on the Bank to <br />count the revenue and report the total coins without, at a minimum, weighing the transport bags or <br />canisters to determine an estimated amount prior to counting, there exists a significant potential risk of <br />theft. Also, there have been several publicized cases where armored car personnel have been <br />arrested for skimming parking meter revenue on the way to the bank or counting house. <br /> <br />To monitor and guard against these and other forms of potential revenue thefts, the on -street system <br />supervisors and Project Manager spend several hours in the field each week conducting spot checks and <br />integrity tests of the collection teams. Supervisors conduct daily interactive field visits (to sign the collector’s <br />field logbook noting date, time and location) and perform field <br />DocuSign Envelope ID: 6B201A9F-1A3F-4388-A808-5A345DDB0A1C