ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Auto thefts continue to rise in Austin, more than 3 years after city defunded police department

Austin, Texas saw a 43% increase in auto thefts in October 2023, compared to October 2022, which is a trend that continues to rise after the police department was defunded in 2020.

Austin, Texas auto thefts rose in October, continuing a rising trend in the crime category since the city’s police department was defunded by the mayor and city council in August 2020.

The Austin Police Department has compiled a report each month since Jan. 1, 2020 after becoming a National Incident-Based Reporting System (NIBRS) reporting agency on Jan. 1, 2019, allowing one year to collect a year’s worth of data.

During the month of October 2023, the report showed there were 575 auto thefts, up from 403 during the same period in 2022, which represents a 43% increase.

SOROS-BACKED ‘ANTI-POLICE’ DA SPARKS OUTRAGE AFTER SHOWING UP TO FALLEN OFFICER FUNERAL: ‘SLAP IN THE FACE’

Compared to 2020 – the same year the Austin City Council defunded the department – the number of auto thefts increased 58%, with 363 vehicle thefts occurring that year.

The data also shows a 32% year-over-year increase of auto thefts when comparing data from October 2022 to October 2023, with 5,633 taking place so far this year.

The APD’s auto theft interdiction team told KXAN that some of the auto thefts were likely part of the "Kia Challenge," which circulated on social media earlier this year.

AUSTIN POLICE PAST AND PRESENT SOUND ALARM ON RIPPLE EFFECTS OF DEFUNDING POLICE: 'IT'S CRUSHING MORALE'

The challenge has thieves exploiting a "design vulnerability" in vehicles made by Kia and Hyundai, making it easier for the vehicles to be stolen, police said.

As part of the challenge, thieves rip apart the steering column to expose wiring, use a USB drive to somehow start the vehicle, then drive away.

APD told the station that one way to deter criminals is to purchase a locking bar and place it on the steering wheel. Another is to just never leave car keys or valuables inside the vehicle.

'STUNNED' MOTHER OF DEPUTY KILLED BY MOTORIST BLASTS SOROS DA FOR NOT PURSUING CHARGES: 'UNCONSCIONABLE'

When the department began compiling the Chief’s Monthly Report in 2020, the Austin City Council slashed police cadet classes as part of the budget cuts, sending staffing on a trajectory that some say will take well over 10 years to get back to where the department was a few years ago.

Certain task forces within the department were eliminated because of staffing issues, leaving some classes of crime largely ignored, and resulting in police announcing they had to stop responding to non-emergencies. As such, Austin set an all-time record for homicides in 2021 and police morale cratered. The state legislature later forced the city to restore the cut funding, but by then the damage was done as officers left in huge numbers and were not replaced. 

In 2021, 210 police officers left the force, and at the beginning of 2023, the department had 259 vacancies, 230 of which were patrol positions.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.