Discount Factor 7% 1 Year 1 0.9346 Year 2 0.8734 Year 3 Benefits The most important benefit to consider Build / No Build is Travel Time Savings. However, safety is the key benefit of this proj Total Benefits $0.00 $0.00 $0.00 Total Discounted Benefits $0.00 $0.00 $0.00 Costs Construction ROW Purchase Water Line Re-location Maintenance Landscaping & Mowing Asphalt Overlay Signage and Striping Electrical Power to Traffic Signal & Street Lights $20,400.00 $20,400.00 $20,400.00 Total Costs $20,400.00 $20,400.00 $20,400.00 Total Discounted Costs $20,400.00 $19,065.84 $17,817.36 1.0000 0.9709 0.9426 Net Benefits over Costs with 7% Discount Factor Present Value Factor 3% Total Discounted Benefits Total Discounted Costs Net Benefits Over Costs with 3% Discount Factor 0.8163 Year 4 0.7629 Year 5 0.713 Year 6 0.6663 Year 7 0.6227 Year 8 0.582 Year 9 r, safety is the key benefit of this project, and the need to reduce overall speeds to improve safety conflicts, in some ways, with Travel Tim $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $232,320.00 $10,000.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $262,720.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $214,458.34 $15,563.16 $14,545.20 $13,592.52 $12,703.08 $11,872.80 0.9151 0.8885 0.8626 0.8375 0.8131 0.7894 0.5439 Year 10 0.5083 Year 11 0.4751 Year 12 0.444 Year 13 0.415 Year 14 0.3878 Year 15 conflicts, in some ways, with Travel Time savings. Nevertheless, the project does offer some limited Travel Time Savings; however, engin $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $11,095.56 $10,369.32 $9,692.04 $9,057.60 $8,466.00 $7,911.12 0.7664 0.7441 0.7224 0.7014 0.6810 0.6611 0.3624 Year 16 0.3387 Year 17 0.3166 Year 18 0.2959 Year 19 0.2765 Year 20 0.2584 Year 21 vel Time Savings; however, engineering report gave insufficient data to calculate this benefit over 20 years. $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $20,400.00 $7,392.96 $6,909.48 $6,458.64 $6,036.36 $5,640.60 $5,271.36 0.6419 0.6232 0.6050 0.5874 0.5703 0.5537 Net Benefits Over Costs Total Discounte d Benefits $0.00 (7%) Total Discounte d Costs $434,319.34 (7%) Net Benefits Over -$434,319.34 Costs (7%)
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