CAPE CORAL, Fla - The City of Cape Coral is saving big bucks!

The police department is restructuring its take-home car policy.

The move just went into effect and will save taxpayers hundreds of thousands of dollars a year.

"It's all about money these days. Any dollar you can find," said interim Cape Police Chief, Jay Murphy.

This new policy will affect 75% of Cape Coral Police Officers.

Officers will still be able to take their police cars home, but this new rule restricts how they can use them in their off time.

The move will save the city a couple hundred thousand dollars a year.

News of the policy is being well received throughout the department.

"There's been no internal push back. Our folks are aware of the psychical constraints the city is under and they are willing to work with them," Murphy said.

Under the new policy, police officers will still be able to take home their police cars, but the use will be restricted.

They can only use the car for work related purposes.

However, if they need to make a stop on the way home, that's okay.

If they take the police car out to do some errands that will violate policy.

Interim Police Chief Jay Murphy worked with city leaders to create this policy to save money on fuel, and wear and tear on the car.

People living in Cape Coral, applaud the department's efforts to save tax payers money.

"I think anything that can save money in these times is beneficial to anyone. We're all going through hard times," said one resident.

If an officer violates the new policy, he/she will face some type of punishment.

What type of punishment hasn't been decided.