| One Time Labor Savings | Process Eliminated or Consolidated (with no ongoing effort needed) | Position Hourly Rate (Salary/2080) * x Hours Saved + Fringe Benefits = Total $ Savings |
| Recurring Labor Savings | Automation, digitization, and/or workflow improvements with ongoing effort needed | Position Hourly Rate (Salary/2080) * x Monthly Hours Saved x Months to 12/31/2030 + Fringe Benefits = Total $ Savings |
| Technology Implementation | New Software or Solution Implementation | Reduction in Program Costs x Months to 12/31/2030 = Total $ Savings |
| Savings – General | Lower Purchase Costs Due to Reassessment of Needs | (Prior Cost – New Cost) x Months to 12/31/2030 = Total $ Savings |
| Savings – Printing | Adoption of electronic processes | Per Page Savings: $.03 (B&W) $0.10 (Color) # of Pages x Rate per Page = Total Savings |
| Projected Savings – Check Processing – Received | Adoption of electronic payments | $1.25 per Check Eliminated per Month x Months to 12/31/2030 = Total Savings |
| Projected Savings – Money Order Processing – Received | Adoption of electronic payments | $1.75 per Money Order Eliminated per Month x Months to 12/31/2030 = Total Savings |
| Projected Savings – Check Processing – Sent | Adoption of electronic payments | $2.50 per Check Eliminated per Month x Months to 12/31/2030 = Total Savings |
