Explaining our Work
Revisiting the Q2 Report we see revenues of $1,544k and $1,300k listed for the first two quarters of 2026 and 2025, respectively. The value of $1,300k is obtained by simply multiplying the total revenue from paid fines ($3,793,342 from 68,588 fines) received through the first two quarters of 2025, and assuming Albany received $17 of every $50. Again, we look at the 2026 value and have to add Q3 and Q4 collections from 2025 together with paid and new fines to reach the reported $1,544k. The proposed speed camera revenue in the 2027 budget is listed as 3,068,201, which like the 2027 projected red light revenue is for all practical purposes double the Q2 reported value. When we perform the same math (gruesome detail below) we project a maximum revenue for 2026 of nearly $2,000,000, half of the adopted 2026 value and 1 million less than the proposed 2027 value. Furthermore, because our inflated 2026 value assumes all 2025 collections are paid in 2026, the maximum projected 2027 value would be $1,381,000. It’s more likely that 2026 falls short of $2,000,000 and that 2027 exceeds $1,400,000 given how we calculated the maximum expected revenue for 2026.
(Gruesome Math: Honestly not that bad)
Using 2025 data, summing only the fines that were paid or in collections we get approximately 78 percent, and 22% go to collections. These are similar numbers to what we calculated with the red light fines. Looking at the 2026 numbers we see that 35,575 fines were paid and 16,552 are new, with collections having a negligible contribution, which yields a total of 52,127 fines issued for 2026 through August 12th, which is approximately 60% of all days in a year. Assuming (big assumption) a constant number of fines will be issued for the remainder of the year, we project a total of 73,000 fines issued. 35,575 of those fines were already paid, generating $17 each, or $604,775.
Of the remaining 37,425 fines, assuming 78% payment, we would expect an additional 29,192 paid fines, or $496,247 in revenue for 2026. If we assume that all fines in collection for 2025 were paid, Albany would receive at most an additional $642,583. Furthermore, we added all 2025 fines labeled new for 2025 and got an additional $255,833. This would put the maximum projected income from speed cameras for 2026 at $1,999,438. Therefore, we’d only expect 8,233 fines to go to collections for 2027, and assuming a constant number of fines issued in 2026 and 2027 we project 73,000 fines issued. Assuming all fines are paid, this will net $1,241,000 and along with $139,961 from 2026 collections a we project a maximum revenue from speed cameras for 2027 to be $1,381,000.
(End of Math)
As before, we wanted to visualize the data to better put into context the projected numbers. Do the trends support what we calculate? As with the red light camera data, we plotted the number of speeding fines issued each month along with the average excess speed of the driver (relative to the speed limit where the fine occurred).