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City of Mounds View <br />Financial Benefits Analysis <br />Executive Summary <br />All estimates are based on a 20 year analysis computed from input submitted by <br />City of Mounds View. <br />To equate the value of benefits received in each of the 20 years, we have <br />calculated its Present Value by putting the cash flow from each year into <br />its equivalent in today's dollars. <br />Summary of Financial Improvement <br />Present Value <br />at 8.50 % <br />Revenue Increase $1,787,345 $735,444 <br />Repair Savings $40,310 $19,136 <br />Meter Reading and Billing Savings $219,275 $104,108 <br />TOTAL BENEFITS: $2,046,930 $858,688 <br />Net Outlay for Equipment $824,413 $589,073 <br />AMR Costs $12,092 $5,740 <br />Installation Costs $210,350 $149,747 <br />TOTAL COSTS: $1,046,855 $744,560 <br />TOTAL NET BENEFITS: $1,000,075 $114,128 <br />It is estimated that the cash flow from the replacement/conversion program will be positive beginning <br />in Year 11. <br />The payback on meters, conversions and installations, totaling $1,046,855 is estimated at <br />at 13 years 11 months. <br />