Baltimore's spending panel Wednesday approved a contract extension that gives a Dallas-based speed camera company a higher percentage of revenue from some tickets.

The five-month deal with Xerox State and Local Solutions Inc. — formerly known as ACS State and Local Solutions — will permit the company to continue giving out speed camera tickets within the city limits through the end of 2012. The company's current contract was set to expire on July 31.

The company first contracted with the city in 2003, when it began providing red light cameras. Speed cameras were later added to the deal. The latest extension was approved without discussion by the Board of Estimates on Wednesday morning.

Under the terms of the extension, the city will continue to receive 65 percent of revenue produced by the company's portable cameras through Oct. 31, but will receive only 52 percent of revenue for the final two months of 2012. Xerox's share will increase from 35 percent to 48 percent during those final months.

The city has begun a bidding process for a new contract to operate speed cameras within the city limits.

A spokesman for MayorStephanie Rawlings-Blakedid not immediately respond to a request for comment.

Luke.Broadwater@baltsun.com

Twitter.com/lukebroadwater