Thank you, Thomas!
In all honesty, I made a huge mistake by not including a fuse in the initial mock-up of this test, and it cost me a 500mA 24VAC power supply. The controller still seems to work. I have since included a fuse; first placed ahead of the main input to all attached devices (controller, 24VAC - 12VDC power converter, and sensor), and after that 500mA fuse failed, moved the fuse to just the sensor, which cost a second 24VAC power supply. Following that, I attempted several differing configurations with the 500mA fuse just after the 24VAC power supply, and each attempt cost an additional 500mA fuse.
Currently, I have wired the controller to operate on the same 12vdc circuit that the sensor operates from, and have a 250mA fuse after the 12vdc power converter and ahead of the controller and sensor, and I have a successful result. While I could use this approach in our project, I would prefer to retain the use of the 24VAC input to the controller, and would like to determine why the short circuit is occouring.
The resistors are all still measuring between 480 and 500 ohms.
To recap:
The original wiring was:
Main inlet power supply of 24VAC feeds the controller and the 24VAC-12VDC power converter in parallel.
The 12VDC power converter - output is connected back to the controllers 0 volts input and has a 500 ohm 1 watt resistor between the controllers 0 volts input and I5.
The sensors + volts lead is connected to the 12VDC power converter + volts output, and the sensors - volts lead is connected at the controllers I5.
I believe this should work; however, it is not.
I appreciate any help from the forum!
Thank you!
Simon